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Stock impact report

BHP Reshapes Copper And Silver Exposure As China Iron Ore Tensions Grow [Yahoo! Finance]

BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) 
US:NYSE Investor Relations: bhp.com/investor-centre
Company Research Source: Yahoo! Finance
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. BHP Group (ASX:BHP) has sold 100% of its San Manuel property in Arizona to Faraday Copper Corp, while retaining a 30% equity stake and related shareholder rights. The San Manuel sale supports plans to build a copper hub in the US around the project. BHP has entered a long term silver streaming agreement with Wheaton Precious Metals, linked to silver production from the Antamina mine. China Mineral Resources Group has placed new restrictions on BHP iron ore cargoes as contract negotiations and disputes continue. For a miner of BHP's scale, copper, silver and iron ore sit at the core of its business mix, and these moves touch each of those areas at once. The US copper hub concept and the Antamina silver stream change how ASX:BHP is exposed to future production and price risk across two key metals. At the same time, tighter conditions from China Mineral Resou Show less Read more
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