12:23 PM EDT, 10/14/2025 (MT Newswires) -- BHP Group's ( BHP ) Chief Executive Officer Mike Henry said that the company is weighing resurrecting defunct mines in the US, owing to a changing government policy, the Financial Times reported Tuesday, citing Henry.

In an interview with the Financial Times, Henry said that initiatives under President Trump have led the company to increase its exploration activities in the US, with BHP now reviewing options for its four defunct mines in Arizona's Globe-Miami region, according to the report.

Higher copper prices and new US policies such as tariffs and faster mining permitting have prompted the company to review its assets, Henry told the outlet.

BHP did not immediately respond to MT Newswires' request for comment.

Shares were up 1.8% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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