Aug 18 — At BHP's FY2026 results call, CEO Brandon Craig responded to reports the Australian federal government may push BHP, Rio Tinto and Fortescue to jointly negotiate with China Mineral Resources Group to strengthen Australia’s bargaining position. Craig said BHP remains committed to a global, tradable seaborne commodities market and an efficient price-formation mechanism driven by marginal tonnes, which helps signal iron ore investment timing and meet global steel customer demand. He said t

Aug 18 — At BHP's FY2026 results call, CEO Brandon Craig responded to reports the Australian federal government may push BHP, Rio Tinto and Fortescue to jointly negotiate with China Mineral Resources Group to strengthen Australia’s bargaining position. Craig said BHP remains committed to a global, tradable seaborne commodities market and an efficient price-formation mechanism driven by marginal tonnes, which helps signal iron ore investment timing and meet global steel customer demand. He said the position is unchanged and the company will continue to press for floating pricing and market-based operation.