Higher diesel prices and foreign exchange hit unit cash costs.

Increasing capital expenditures on Jensen potash project.

We’ve adjusted our fair values after updating our commodity price assumptions.

Our coverage remains overvalued.

Our view on the potential combination of mining giants.

Higher gold prices are making a difference to the bottom line but investors overly optimistic.

Solid start to 2026 but shares overvalued.

Production guidance is maintained by management.

Allegations that the Chinese government told steel mills to stop buying from BHP shake markets.

Investors may be too pessimistic about this industry.