BHP-China Iron Ore Standoff May Drag Into 2026 as Talks Stall

A price dispute between mining giant BHP Group and China’s state-run iron ore buyer risks dragging on for months, and even into early 2026, as both sides remain locked in stalemate.

So far, the world’s largest miner has seen minimal disruption in its shipments to China, largely because the company has already sold most of its allocation of iron ore for November and December, according to people familiar with the matter.