financetom
Business
financetom
/
Business
/
Update: Market Chatter: BHP's Iron Ore Cargoes Offered for Sale by China Mineral Resources Group
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: BHP's Iron Ore Cargoes Offered for Sale by China Mineral Resources Group
Oct 10, 2025 5:51 AM

08:16 AM EDT, 10/10/2025 (MT Newswires) -- (Updates to add BHP's comment in fourth paragraph)

BHP Group's ( BHP ) iron ore cargoes were put up for sale in China, and one shipment has been sold to a local trader, easing concerns of a potential Chinese ban on BHP's exports, Reuters reported Friday, citing an offer sheet.

The offer sheet was issued on Thursday by the Shanghai branch of China Mineral Resources Group for 1.14 million tons of BHP's iron ore shipments, the report said. The Australian miner also sold a 170,000-metric-ton cargo to a Chinese trader on the same day, Reuters said, citing two traders with direct knowledge of the matter.

Bloomberg reported last month that CMRG told major steelmakers and traders to temporarily stop buying all new BHP cargoes, following a pause on purchases of BHP's Jimblebar fines, according to the report. The sources said none of the cargoes sold or offered on Thursday were Jimblebar fines, Reuters said.

BHP declined to comment on commercial negotiations, while CMRG did not immediately respond to MT Newswires' request for comment on the matter.

(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.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Bitcoin Depot Insider Sold Shares Worth $3,258,916, According to a Recent SEC Filing
Bitcoin Depot Insider Sold Shares Worth $3,258,916, According to a Recent SEC Filing
Oct 6, 2025
03:15 AM EDT, 10/06/2025 (MT Newswires) -- Brandon Taylor Mintz, Director, Chief Executive Officer, on October 01, 2025, sold 842,732 shares in Bitcoin Depot ( BTM ) for $3,258,916. SEC Filing: https://www.sec.gov/Archives/edgar/data/1901799/000119312525230651/xslF345X05/ownership.xml ...
Quantum Computing Strikes Deal for $750 Million Share Offering
Quantum Computing Strikes Deal for $750 Million Share Offering
Oct 6, 2025
03:19 AM EDT, 10/06/2025 (MT Newswires) -- Quantum Computing ( QUBT ) said Sunday it has reached agreements with institutional investors for the purchase and sale of about 37.2 million shares through an oversubscribed private placement. The company expects to generate about $750 million in gross proceeds from the offering, which is anticipated to close on or about Wednesday. Quantum...
CrowdStrike Holdings Insider Sold Shares Worth $10,000,000, According to a Recent SEC Filing
CrowdStrike Holdings Insider Sold Shares Worth $10,000,000, According to a Recent SEC Filing
Oct 6, 2025
03:19 AM EDT, 10/06/2025 (MT Newswires) -- Michael Sentonas, President, on October 01, 2025, sold 20,000 shares in CrowdStrike Holdings ( CRWD ) for $10,000,000. Following the Form 4 filing with the SEC, Sentonas has control over a total of 379,116 Class A common shares of the company, with 379,116 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1535527/000196827025000006/xslF345X05/form4-10032025_081001.xml ...
Ares Management Insider Sold Shares Worth $3,275,370, According to a Recent SEC Filing
Ares Management Insider Sold Shares Worth $3,275,370, According to a Recent SEC Filing
Oct 6, 2025
03:17 AM EDT, 10/06/2025 (MT Newswires) -- Aghili Naseem Sagati, General Counsel, on October 01, 2025, sold 21,000 shares in Ares Management ( ARES ) for $3,275,370. Following the Form 4 filing with the SEC, Sagati has control over a total of 255,397 Class A common shares of the company, with 255,397 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1176948/000162828025044201/xslF345X05/wk-form4_1759538302.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved