BHP Group Ltd Sponsored American Depositary Receipt Repr 2 Shs (ASX:BHP) restarted talks with unions after an eight‑hour stoppage by about 450 Port Hedland iron ore workers — a site that ships roughly US$80m of its ore daily — as ETU seeks ~A$25,000 pay rises even as BHP reported record iron ore production for the year to June 2026.
Previous Week Recap
- BHP Talks With Unions Restarted: BHP restarted talks with unions for about 450 Port Hedland iron ore workers after an eight-hour stoppage. Port Hedland moves roughly US$80m of BHP ore daily. ETU seeks ~A$25,000 pay rise.
- BHP Reports Record Iron Ore: BHP (BHP) reported record iron ore production for the year ended June 2026; no financials, guidance, or commentary on other commodities were provided.
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