BHP stock rises on ASX as copper spend plan and port reopening sharpen focus ahead of results
BHP shares closed up 1.1% at A$50.26, tracking gains in major miners as Rio Tinto rose 1.4% and Fortescue about 1.0%. Investors focused on BHP’s copper projects, including the Vicuña venture with Lundin Mining, which may double investment to $800 million this year. Iron ore held near $100 a tonne as Pilbara ports reopened after cyclone disruptions. BHP reports half-year results Feb. 17.