BHP concedes pricing pressure on West Australia iron ore amid China contract negotiations

Global miner BHP conceded some price impact on its West Australian iron ore business amid contractual talks with China Mineral Resources Group, but the fallout has been minimal thus far, sources told Platts, part of S&P Global Energy. BHP made the admission regarding talks with CMRG in its Jan. 20 report for the half-year period ended Dec. 31, 2025. “We are currently negotiating annual contractGlobal miner BHP conceded some price impact on its West Australian iron ore business amid contractual talks with China Mineral Resources Group, but the fallout has been minimal thus far, sources told Platts, part of S&P Global Energy. BHP made the admission regarding talks with CMRG in its Jan. 20 report for the half-year period ended Dec. 31, 2025. “We are currently negotiating annual contractRead More