BHP share price in focus: China iron ore curbs and Chile strike set up next ASX session
BHP rerouted Jimblebar iron ore shipments from China to Malaysia and Vietnam as Chinese port inventories surged to 8.1 million tons, Reuters reported. Access to BHP’s Escondida copper mine in Chile was blocked again by a contractor strike. The ASX cash market stayed closed for Australia Day and reopens Tuesday. BHP shares ended at A$48.43, up 0.73%.