Market Chatter: BHP Group Explored Spin-Off of Australian Iron Ore, Coal Units

MT Newswires Live

Apr 03, 2025

BHP Group (ASX:BHP) explored the separation of its Australian iron ore and coal units, including a potential listing, as part of the mining giant's medium-term growth strategy of focusing on potash and copper, Reuters reported Wednesday, citing three people familiar with the matter.

Talks of a spin-off were underway amid the company's efforts to lower its carbon emissions and its takeover bid for Anglo American in 2023 and 2024, Reuters said.

BHP's South Australian copper assets were excluded from such discussions, per the report.

In the end, the company decided to abort the plan as the revenue generated from the two units was necessary to fund the Escondida copper complex in Chile and the Jansen potash development in Canada, according to Reuters.

BHP did not immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2524804420"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2524804420\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2524804420?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-03 09:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2524804420","market":"nz","top_or_hot":-1,"title":"Market Chatter: BHP Group Explored Spin-Off of Australian Iron Ore, Coal Units","media":"MT Newswires Live","content":"<html><body><p> BHP Group (ASX:BHP) explored the separation of its Australian iron ore and coal units, including a potential listing, as part of the mining giant's medium-term growth strategy of focusing on potash and copper, Reuters reported Wednesday, citing three people familiar with the matter.</p><p>Talks of a spin-off were underway amid the company's efforts to lower its carbon emissions and its takeover bid for Anglo American in 2023 and 2024, Reuters said.</p><p>BHP's South Australian copper assets were excluded from such discussions, per the report.</p><p>In the end, the company decided to abort the plan as the revenue generated from the two units was necessary to fund the Escondida copper complex in Chile and the Jansen potash development in Canada, according to Reuters.</p><p>BHP did not immediately respond to a request for comment by MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: BHP Group Explored Spin-Off of Australian Iron Ore, Coal Units</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: BHP Group Explored Spin-Off of Australian Iron Ore, Coal Units\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-04-03 09:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> BHP Group (ASX:BHP) explored the separation of its Australian iron ore and coal units, including a potential listing, as part of the mining giant's medium-term growth strategy of focusing on potash and copper, Reuters reported Wednesday, citing three people familiar with the matter.</p><p>Talks of a spin-off were underway amid the company's efforts to lower its carbon emissions and its takeover bid for Anglo American in 2023 and 2024, Reuters said.</p><p>BHP's South Australian copper assets were excluded from such discussions, per the report.</p><p>In the end, the company decided to abort the plan as the revenue generated from the two units was necessary to fund the Escondida copper complex in Chile and the Jansen potash development in Canada, according to Reuters.</p><p>BHP did not immediately respond to a request for comment by MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2524804420","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524804420","pubTimestamp":1743644142,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"BHP Group  explored the separation of its Australian iron ore and coal units, including a potential listing, as part of the mining giant's medium-term growth strategy of focusing on potash and copper, Reuters reported Wednesday, citing three people familiar with the matter.Talks of a spin-off were underway amid the company's efforts to lower its carbon emissions and its takeover bid for Anglo American in 2023 and 2024, Reuters said.BHP's South Australian copper assets were excluded from such discussions, per the report.In the end, the company decided to abort the plan as the revenue generated from the two units was necessary to fund the Escondida copper complex in Chile and the Jansen potash development in Canada, according to Reuters.BHP did not immediately respond to a request for comment by MT Newswires.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4168":"多种金属与采矿","BK4585":"ETF&股票定投概念","BK7507":"资源股","XKO.AU":"标普/澳交所 300指数","BHP.AU":"BHP GROUP LTD","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数","BK7511":"ESG概念","BHP":"必和必拓公司","BK7095":"多种金属与采矿"},"translate_title":"市场热议：必和必拓集团探索分拆澳大利亚铁矿石、煤炭业务","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BHP":1,"XAO.AU":1,"XJO.AU":1,"XKO.AU":1,"BHP.AU":1},"content_text":"BHP Group (ASX:BHP) explored the separation of its Australian iron ore and coal units, including a potential listing, as part of the mining giant's medium-term growth strategy of focusing on potash and copper, Reuters reported Wednesday, citing three people familiar with the matter.Talks of a spin-off were underway amid the company's efforts to lower its carbon emissions and its takeover bid for Anglo American in 2023 and 2024, Reuters said.BHP's South Australian copper assets were excluded from such discussions, per the report.In the end, the company decided to abort the plan as the revenue generated from the two units was necessary to fund the Escondida copper complex in Chile and the Jansen potash development in Canada, according to Reuters.BHP did not immediately respond to a request for comment by MT Newswires.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}