BHP Group shares rise 2.00% premarket after CoreX Holding B.V. agreed to acquire Carajás assets in Brazil.

Bhp Group Limited rose 2.00% in premarket trading, with the company reporting earnings results for the full year. The company's annual profit fell to the lowest in five years due to sluggish demand from China, which weighed on iron ore prices. However, BHP declared a bigger-than-expected final dividend, sending its shares higher. Additionally, BHP Group Limited entered into a binding agreement to acquire Carajás assets in Brazil from BHP Group Limited for approximately $470 million.