06:13 AM EDT, 09/30/2025 (MT Newswires) -- BHP's (BHP) iron ore shipments have been temporarily halted in China after the parties failed to reach an agreement over pricing, Bloomberg News reported Tuesday, citing people familiar with the matter.

China Mineral Resources asked domestic buyers this week to suspend purchases of any dollar-denominated cargoes from BHP, the report said.

The decision from China Mineral Resources came after several meetings held since late last week, which failed to produce results, the report added.

BHP shares were down 2.3% in recent Tuesday premarket activity.

BHP did not immediately respond to requests for comment from MT Newswires, while China Mineral Resources could not be contacted.

(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.)