Cyclone shuts Port Hedland — what it means for BHP share price ahead of Monday
Pilbara Ports shut Port Hedland and four other Pilbara terminals Saturday as cyclone Mitchell approached, threatening iron ore exports. BHP shares fell 3.1% to A$48.79 on Friday. Iron ore futures dropped below $100 a tonne in Singapore. Investors await updates on port reopenings and BHP’s Feb. 17 results.