BHP settles pricing dispute with China, shares rise 1 percent

BHP settled a nine-month pricing standoff with China over iron ore on April 22, 2026. The negotiations confirmed BHP's production guidance and resulted in a 1 percent rise in its share price. Australia's iron ore exports to China, worth $93 billion annually, continue to face pressures from China's attempts to control pricing and payment methods.

Summary by Glance · SMH