Posco lines up Australian iron ore supply for hydrogen DRI demo

BHP's Chief Commercial Officer Rag Udd will leave the company at the end of January to pursue a new opportunity. Udd, who joined BHP in 1997, became Chief Commercial Officer in 2024. His departure follows the appointment of Brandon Craig as CEO in July, with analysts expecting further leadership changes.

BHP's chief commercial officer, Rag Udd, will leave the company at the end of January. Udd oversees sales and marketing of key commodities and led negotiations with China Mineral Resources Group. His exit follows China's pressure for better iron ore terms and comes amid expected leadership changes at BHP. Udd's successor will manage a critical commercial relationship as negotiations with China are expected to become more challenging.

POSCO Holdings secured a $700 million credit facility from the IDB Group for its Argentina lithium business, supporting project development and financial stability. The facility, approved by IDB Invest, highlights the project's competitiveness and ESG compliance, with tax incentives reducing financing costs. POSCO Argentina reported its first quarterly profit in Q2 2026, accelerating the company's resource-focused growth strategy.

BHP's Chief Commercial Officer, Rag Udd, will step down in January, according to an internal memo. Udd, who has worked at BHP for 30 years, oversees key iron ore negotiations with China. His departure leaves a critical role open for the company, as it navigates complex deals with Chinese buyers. Udd was also involved in BHP's potash and copper projects in Canada and Chile.

BHP's chief commercial officer, Rag Udd, will depart at the end of January after 30 years, following Brandon Craig's appointment as CEO. Craig announced Udd's departure in an internal memo, noting Udd will pursue an external opportunity. (BHP)

BHP's chief commercial officer will leave the company in January 2027, according to an internal memo. The executive's departure is planned for the end of their term.