- Business
- BHP Group Limited engages in the exploration, development, production and marketing of natural resources, with a focus on high-quality, large-scale assets in copper, iron ore, metallurgical coal and potash; it operates key copper mines including Escondida in Chile, Olympic Dam, Prominent Hill and Carrapateena in South Australia; iron ore production centers on Western Australia Iron Ore in the Pilbara region; metallurgical coal assets include BMA operations in Queensland, Australia; nickel sulphide from Nickel West in Western Australia; and potash development at the Jansen project in Canada, with first production targeted for late 2026. The company provides associated services such as towing, freight, marketing, trading and administrative support to industrial customers including steel producers, renewable energy sectors and agriculture. BHP Group Limited, founded in 1885 and headquartered in Melbourne, Australia, maintains global operations across more than 90 locations primarily in Australia, South America, Canada and corporate offices in the UK, USA, Singapore, China, Japan, India, Philippines, Malaysia, Brazil, Chile, Peru and Ecuador.
In recent developments, BHP Group Limited completed the acquisition of Filo Corp. alongside Lundin Mining in January 2025, forming a 50/50 Vicuña Joint Venture to develop the Filo del Sol and Josemaria copper projects in Argentina and Chile, with BHP's total cash payment of US$2.0 billion; it acquired a 17% stake in Kabanga Nickel Limited from Lifezone Metals in 2025 to bolster nickel supply for electric vehicles; and entered a cooperation agreement with CATL on electrification of mining equipment, fast-charging infrastructure, energy storage and battery recycling. The company unified its dual-listed corporate structure into a single primary listing on the Australian Securities Exchange in 2022, enhancing strategic flexibility. BHP Group Limited maintains a portfolio of 13 projects including seven operating mines, three developments and advanced exploration, emphasizing future-facing commodities for decarbonization and sustainable growth.