Why should you buy BHP shares now?
BHP Group Ltd is showing stable progress by turning non core assets into cash while keeping exposure to key metals. Also, it is delivering strong earnings and building future growth in copper and potash.
BHP Group Limited (ASX: BHP)
BHP Group Limited on 17 February 2026 announced that it has signed a long term deal with Wheaton Precious Metals Corp. linked to the Antamina mine. BHP will receive US$4.3 billion upfront. In return it will supply silver based on its share from the mine. The company holds a 33.75% interest through its investment in the operating entity. The mine itself is not part of the agreement and existing contracts remain unchanged. This deal allows BHP to turn a non core metal into immediate cash whereas keeping exposure to copper zinc and lead. It also does not increase debt.
For the half year ended 31 December 2025, the company achieved strong financial and operating performance. The underlying EBITDA reached US$15.5 billion with margins at 58%. Profit was US$6.2 billion and operating cash flow was US$9.4 billion. Net debt stood at US$14.7 billion which sits within its target range. An interim dividend of 73 US cents per share was declared with a 60% payout. Copper became the largest earnings contributor at 51%. Iron ore operations in Western Australia recorded their best first half output. The guidance for copper production in FY26 was lifted to between 1.9 and 2.0 million tonnes.
BHP is focusing on copper and potash for future expansion. Copper output has risen about 30% over 4 years and more growth is planned across projects in Chile Argentina Arizona and South Australia. The Jansen Stage 1 project is 75% complete with first production anticipated in mid 2027.
Additional value of over US$6 billion has been unlocked through recent agreements with a pathway to around US$10 billion. The direction shows a shift toward metals linked to future demand though maintaining strong cash returns and disciplined spending.
(Source: Company Report)
Get Your Free Report on Top 5 ASX Stocks on WhatsApp
Instant Access. No Credit Card Required.
Receive on WhatsApp
TOP ASX STOCKS WORTH WATCHTING
- ✓ Instant Access
- ✓ No Credit Card Required
- ✓ Free to join · No spam
Free to join · No spam · Unsubscribe anytime
By providing your details, you agree to Veye's Terms & Conditions, Privacy Policy, and Financial Services Guide and to receive marketing offers. Before you access our services, please read the Financial Services Guide available here.
ASX Stock Research & Recommendations — 7‑day free trial
Independent, analyst‑driven insights.
- Stock of the week report
- Daily Analysis Report
- No credit card required
Get Your FREE Report
Discover the Top ASX Stocks to Invest In 2026!
Expert Analysis of Top-Performing ASX Stocks
Market Insights and In-Depth Research
Buy, Sell, And Hold Recommendations
Almost There!
Enter your details to download the report
Success!
Preparing your download...
Latest Article
Disclaimer
Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether it’s appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing this report. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.
