BHP agreed to sell Kambalda assets and BHP stock costs EUR 77.25

Published on 10/12/2026 at 10:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached US$27.90 billion in the first half of 2026, up 11.00 percent. BHP stock costs EUR 77.25 on October 12, 2026 during trading.

Key points in brief

BHP agreed to sell its Kambalda nickel concentrator and related Western Australian assets to Gold Fields.
The transaction is expected to complete in 2027, subject to regulatory approvals.
BHP stock was trading at EUR 77.25 at Lang & Schwarz on October 12, 2026 at 10:14 a.m. CEST.
BofA raised its target from A$65 to A$68 while upgrading BHP from Neutral to Buy.

BHP, US0886061086, Illustration mit AI erstellt.

BHP Group (ISIN US0886061086) was trading at EUR 77.25 at Lang & Schwarz on October 12, 2026 at 10:14 a.m. CEST. On October 7, 2026, BHP agreed to sell its Kambalda Nickel Concentrator and related Western Australian tenements to Gold Fields, with completion expected in 2027, Yahoo Finance reported. The transaction gives BHP a clearer exit from its suspended Western Australia nickel assets while retaining its larger copper and iron ore exposure.

Three milestones shape BHP

On February 17, 2026, BHP reported first-half revenue of US$27.90 billion and net income of US$5.64 billion, up 11.00 percent and 28.00 percent respectively from the prior-year period, according to Simply Wall St. On August 18, 2026, the company reported fiscal-year revenue of US$58.76 billion and earnings of US$9.83 billion, the same source reported. On October 7, 2026, BHP announced the Kambalda sale, with completion expected during calendar year 2027, Yahoo Finance reported.

What does the asset sale change?

The financial terms were not disclosed, while Gold Fields will assess the concentrator's long-term use for gold and nickel processing, according to Yahoo Finance. BHP's remaining Western Australia Nickel assets are suspended, and a review of their future is due by February 2027. The transaction therefore reduces direct operating exposure to nickel while the company's recent earnings mix is increasingly supported by copper.

BofA lifts its target

On October 1, 2026, BofA analyst Jason Fairclough upgraded BHP from Neutral to Buy and raised the price target from A$65 to A$68, according to Markets Insider. The analyst cited a positive copper view and upside to consensus production estimates. MarketBeat later described a broader consensus of eight Hold ratings, two Buy ratings and one Strong Buy rating on October 11, 2026, with an average 12-month target of USD 78.00, according to MarketBeat.

Next dates for BHP investors

BHP's investor calendar lists an operational review for the quarter ended September 30, 2026, on October 20, 2026, according to the company's investor center. The company's fiscal-year 2026 results were listed for August 18, 2026, while the next operational review is the nearer scheduled company event.

Stock stays in a wide range

BHP's primary US listing is on the NYSE, where the finance snapshot showed USD 86.74 on October 9, 2026, with a 52-week range of USD 52.18 to USD 98.71. Market capitalization was USD 220.3 billion on that date. The Lang & Schwarz euro quote gives German-market investors a separate reference point, and its October 12, 2026 price was EUR 77.25 in trading.

The further course of trading is shown by the continuously updated real-time quote of BHP stock.