BHP Group Soars 3.49% on Green Shipping Deal, Brand Ranking

On July 10, 2025, BHP Group's stock rose by 3.49% 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's transition towards zero emissions. It also underscores BHP's strategic focus on innovation and leadership in the new energy vessel sector, positioning the company as a pioneer in promoting maritime decarbonization.

Additionally, BHP Group has been recognized in the 2025 "Global Mining, Metals & Minerals 50" ranking by Brand Finance, securing the second position with a brand value of $50.62 billion. This ranking highlights BHP's strong brand equity and its leadership in the mining and metals industry, despite a 17.0% year-on-year decrease in brand value.

The upcoming visit of Australian Prime Minister Anthony Albanese to China from July 12 to 18 is expected to further strengthen the bilateral relationship between the two countries. This visit comes at a crucial time as both nations seek to enhance economic ties and address global challenges such as climate change and clean energy. BHP Group, as a key player in the Australian mining sector, is likely to benefit from the improved diplomatic relations and potential trade agreements that may arise from this visit.