BHP Group Soars 3.31% on Green Shipping Deal, Brand Recognition

On July 10, 2025, BHP Group's stock rose by 3.31% in pre-market trading, reflecting a positive market sentiment towards the company's recent developments and strategic initiatives.

BHP Group has recently signed a significant contract with COSCO Shipping Specialized, involving the lease of two 210,000-ton ammonia dual-fuel ships. These vessels, scheduled for delivery in 2028, will primarily transport iron ore from Western Australia to Northeast Asia. The ships are designed to reduce carbon emissions by 50% to 95% per voyage compared to traditional fossil fuel ships, aligning with BHP's commitment to sustainability and green supply chain development.

This collaboration marks a milestone in the global dry bulk shipping industry, demonstrating BHP's leadership in adopting innovative and environmentally friendly technologies. The partnership is expected to enhance supply chain efficiency and promote the transition to a low-carbon economy, positioning BHP as a pioneer in sustainable shipping solutions.

Additionally, BHP Group has been recognized as one of the top brands in the global mining and metals sector. According to a recent report, BHP ranks second in the "Global Mining, Metals & Minerals 50 2025" list, highlighting its strong brand value and market presence. This recognition underscores BHP's strategic initiatives and its role as a key player in the global mining industry.

The upcoming visit of Australian Prime Minister Anthony Albanese to China is also expected to have a positive impact on BHP Group's operations. The visit, scheduled from July 12 to 18, aims to strengthen economic ties between the two countries, which could benefit BHP's business in the region. The focus on expanding economic relations and addressing trade issues is likely to create a favorable environment for BHP's operations in Australia and China.