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BHP Sells Iron Ore Cargo to Chinese Trader, Easing Australian Concerns Over Potential Ban

Oct 12, 2025, 9:58 p.m. ET

Several cargoes of BHP iron ore were put up for sale in China on Thursday, with at least one being sold to a local trader. This move helped alleviate concerns in Australia that Beijing had imposed a ban on iron ore sales from the world’s largest miner.

BHP sold a 170,000-metric-ton cargo to a Chinese trader on Thursday, the first day of trading following China’s week-long national holiday. The cargo was paid for in dollars, according to two traders with direct knowledge of the matter.

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