BHP share price slides 3% as iron ore slips and cyclone threat clears Port Hedland
BHP shares fell 3.1% to A$48.79 Friday as the S&P/ASX 200 dropped 2%, pressured by weaker iron ore prices and cyclone threats to Western Australia’s ports. Iron ore slid 2% on high inventories, while Pilbara Ports began clearing major export hubs ahead of a possible cyclone. Investors await BHP’s half-year earnings next week.