BHP stock jumps toward A$50 after Rio Tinto Pilbara tie-up — what to watch next
BHP Group Ltd shares ended Thursday up 2.47%, closing at A$49.31. The jump came after BHP and competitor Rio Tinto revealed a joint plan for a long-term iron ore project in Western Australia’s Pilbara. The stock reached A$49.75 during the session, tying its 52-week peak.