
BHP stays quiet on China in Q1 results
BHP (ASX: BHP) achieved record material mined at its WA Iron Ore operations amid reports that China has told its major steelmakers and traders to temporarily halt purchases of all cargoes from the miner. Despite record material mined, iron ore production decreased 1% to 64mt. FY26 iron ore production guidance remains unchanged at 258-269mt. BHP says the first quarter was a period of significant planned maintenance for WAIO. Iron ore sales were broadly in line with the prior year, with a 5% increase in sales of higher-value lump. “We sell and ship iron ore products via different commercial distribution channels, this includes seaborne sales and portside sales in China which have increased over recent years in line with our strategy,”…









