Market Chatter: BHP Group Simplifying Operations, While Rio Tinto Explores Complex Deals, Morgans Says

MT Newswires Live

Yesterday

BHP Group (ASX:BHP) is simplifying its operations, while Rio Tinto (ASX:RIO) chases complex merger deals at the top of the commodity cycle, reversing investment narratives, the Australian Financial Review reported Friday, citing Morgans deputy head of research Adrian Prendergast.

BHP walked away from Anglo American pursuits, reduced execution risk on the first stage of its Jansen potash project in Canada, and flagged that its group capital expenditure will fall toward $10 billion by fiscal year 2028 to fiscal year 2030.

Meanwhile, Rio Tinto faces ongoing complexity, sustaining capital expenditure of around $7 billion annually, as well as potential merger discussions around Glencore.

Morgans retained a hold rating for BHP with a price target of AU$48.60 per share, rising from AU$47.90 per share. The investment firm also retained a trim rating on Rio Tinto with a price target of AU$142 per share, rising from AU$140 per share.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2609304675"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2609304675\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2609304675?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-06 11:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2609304675","market":"fut","top_or_hot":-1,"title":"Market Chatter: BHP Group Simplifying Operations, While Rio Tinto Explores Complex Deals, Morgans Says","media":"MT Newswires Live","content":"<html><body><p> BHP Group (ASX:BHP) is simplifying its operations, while <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> (ASX:RIO) chases complex merger deals at the top of the commodity cycle, reversing investment narratives, the Australian Financial Review reported Friday, citing Morgans deputy head of research Adrian Prendergast.</p><p>BHP walked away from Anglo American pursuits, reduced execution risk on the first stage of its Jansen potash project in Canada, and flagged that its group capital expenditure will fall toward $10 billion by fiscal year 2028 to fiscal year 2030.</p><p>Meanwhile, <a href=\"https://laohu8.com/S/RIO.AU\">Rio Tinto</a> faces ongoing complexity, sustaining capital expenditure of around $7 billion annually, as well as potential merger discussions around Glencore.</p><p>Morgans retained a hold rating for BHP with a price target of AU$48.60 per share, rising from AU$47.90 per share. The investment firm also retained a trim rating on Rio Tinto with a price target of AU$142 per share, rising from AU$140 per share.</p><p>(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.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: BHP Group Simplifying Operations, While Rio Tinto Explores Complex Deals, Morgans Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: BHP Group Simplifying Operations, While Rio Tinto Explores Complex Deals, Morgans Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-02-06 11:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> BHP Group (ASX:BHP) is simplifying its operations, while <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> (ASX:RIO) chases complex merger deals at the top of the commodity cycle, reversing investment narratives, the Australian Financial Review reported Friday, citing Morgans deputy head of research Adrian Prendergast.</p><p>BHP walked away from Anglo American pursuits, reduced execution risk on the first stage of its Jansen potash project in Canada, and flagged that its group capital expenditure will fall toward $10 billion by fiscal year 2028 to fiscal year 2030.</p><p>Meanwhile, <a href=\"https://laohu8.com/S/RIO.AU\">Rio Tinto</a> faces ongoing complexity, sustaining capital expenditure of around $7 billion annually, as well as potential merger discussions around Glencore.</p><p>Morgans retained a hold rating for BHP with a price target of AU$48.60 per share, rising from AU$47.90 per share. The investment firm also retained a trim rating on Rio Tinto with a price target of AU$142 per share, rising from AU$140 per share.</p><p>(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.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7511","symbol_name":"ESG概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2609304675","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609304675","pubTimestamp":1770349276,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"BHP Group  is simplifying its operations, while Rio Tinto  chases complex merger deals at the top of the commodity cycle, reversing investment narratives, the Australian Financial Review reported Friday, citing Morgans deputy head of research Adrian Prendergast.BHP walked away from Anglo American pursuits, reduced execution risk on the first stage of its Jansen potash project in Canada, and flagged that its group capital expenditure will fall toward $10 billion by fiscal year 2028 to fiscal year 2030.Meanwhile, Rio Tinto faces ongoing complexity, sustaining capital expenditure of around $7 billion annually, as well as potential merger discussions around Glencore.Morgans retained a hold rating for BHP with a price target of AU$48.60 per share, rising from AU$47.90 per share. The investment firm also retained a trim rating on Rio Tinto with a price target of AU$142 per share, rising from AU$140 per share.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7511":"ESG概念","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","BK4588":"碎股","BK4168":"多种金属与采矿","BHP.AU":"BHP GROUP LTD","BK4585":"ETF&股票定投概念","RIO.AU":"力拓","BK7507":"资源股","BHP":"必和必拓公司","BK7095":"多种金属与采矿"},"translate_title":"市场热议：摩根表示，必和必拓集团简化运营，而力拓则探索复杂的交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BHP":1.5,"BHP.AU":1.5,"RIO.AU":1.5},"content_text":"BHP Group (ASX:BHP) is simplifying its operations, while Rio Tinto (ASX:RIO) chases complex merger deals at the top of the commodity cycle, reversing investment narratives, the Australian Financial Review reported Friday, citing Morgans deputy head of research Adrian Prendergast.BHP walked away from Anglo American pursuits, reduced execution risk on the first stage of its Jansen potash project in Canada, and flagged that its group capital expenditure will fall toward $10 billion by fiscal year 2028 to fiscal year 2030.Meanwhile, Rio Tinto faces ongoing complexity, sustaining capital expenditure of around $7 billion annually, as well as potential merger discussions around Glencore.Morgans retained a hold rating for BHP with a price target of AU$48.60 per share, rising from AU$47.90 per share. The investment firm also retained a trim rating on Rio Tinto with a price target of AU$142 per share, rising from AU$140 per share.(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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}