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BHP Inks Copper Exploration Pact With Poland's KGHM

BHP (ASX:BHP,NYSE:BHP,LSE:BHP) and Poland-based KGHM Polska Miedz (OTCPL:KGHPF,WSE:KGH) have formed a global alliance to scout and develop new copper projects and pool resources.Under a memorandum of understanding (MOU) announced on Tuesday (September 8), the world’s largest mining company and the EU's top producer of mined copper have created a framework through which they plan to exchange technical data, evaluate early stage assets and compare operating practices. The agreement expands on their existing joint operations in Chile and seeks to establish a structure to scout projects beyond their current geographical footprints in Europe, Australia and the Americas.“The world will need more copper, driven by traditional economic growth, the energy transition, and digital investments,” BHP CEO Brandon Craig said in a statement. “The MoU provides a structure for BHP and KGHM teams to come together and explore new avenues to find and unlock copper growth opportunities.”KGHM, the world's second largest silver producer, operates major mines in Poland alongside assets located in the US, Canada and Chile. The state-controlled producer is now seeking to broaden its development pipeline as global competition for high-grade copper deposits intensifies.“The signed MoU provides a structured framework for further discussions and opens the way for an in-depth analysis of potential areas of cooperation,” KGHM President Remigiusz Paszkiewicz said.Physical supply constraints continue to tighten across key copper-producing hubs. BloombergNEF projects that the global deficit will reach 7 million metric tons by 2035. Production in Chile dropped 5.8 percent year-on-year in the first quarter of 2026 amid falling ore grades, while operational setbacks at Indonesia's Grasberg mine and guidance cuts at the Kamoa-Kakula joint venture in the Democratic Republic of Congo have further squeezed global balances of the red metal. Partnering with KGHM supports BHP’s target to produce 2 million metric tons of copper annually by the mid-2030s. Copper recently displaced iron ore as BHP’s primary profit driver, generating US$18 billion in underlying earnings to account for 54 percent of the company's total underlying EBITDA.Alongside the joint venture framework, BHP is deploying capital across its wholly owned assets. In July, the firm secured environmental approval for a US$1.3 billion initial upgrade at its Escondida mine in Chile and awarded an engineering contract to expand smelting facilities at its Olympic Dam operation in South Australia.Don’t forget to follow us @INN_Resource for real-time news updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Citigroup Upgrades C.H. Robinson Worldwide to Buy from Neutral

CHRW

Fintel reports that on September 8, 2026, Citigroup upgraded their outlook for C.H. Robinson Worldwide (NASDAQGS:CHRW) from Neutral to Buy.This rating action follows a prior action by Citigroup on July 31, 2026, when the firm maintained its Neutral rating on the stock. In other r

This alternative energy stock is more popular than SpaceX in the options pits. Here's why

Crude oil is back above $90 and energy stocks in the S&P 500 index are approaching fresh 52-week highs.

Trump administration expresses 'profound concern' over Ford's ties to China

In a letter to Ford CEO Jim Farley, U.S. DOT Secretary Sean Duffy questioned the automaker's strategic trajectory involving Chinese companies.

Canada PM stands his ground as Ottawa's retaliatory tariffs on US goods take effect

Canadian Prime Minister Mark Carney said it was a shame that trade talks with the US collapsed but that he would continue to fight to protect Canada's sovereignty, as his government's promised counter-tariffs on $20 billion worth of US exports took effect. Also in the segment, Cuba says economic damage from decades of US trade embargo has risen to a record $8 billion. 

Canadian PM stands his ground as Ottawa's retaliatory tariffs on US goods take effect

Canadian Prime Minister Mark Carney said it was a shame that trade talks with the US collapsed but that he would continue to fight to protect Canada's sovereignty. Meanwhile, his government's promised counter-tariffs on $20 billion worth of US exports took effect. Also in the segment: Cuba says economic damage from decades of US trade embargo has risen to a record $8 billion. 

Safehold (SAFE) Shares Cross Below 200 DMA

SAFE

In trading on Tuesday, shares of Safehold Inc (Symbol: SAFE) crossed below their 200 day moving average of $14.99, changing hands as low as $14.45 per share. Safehold Inc shares are currently trading down about 3.2% on the day. The chart below shows the one year performance of

Qiagen (QGEN) Shares Cross Below 200 DMA

QGEN

In trading on Tuesday, shares of Qiagen NV (Symbol: QGEN) crossed below their 200 day moving average of $42.73, changing hands as low as $42.22 per share. Qiagen NV shares are currently trading off about 2.2% on the day. The chart below shows the one year performance of QGEN s

GLL Crosses Above Key Moving Average Level

GLL

In trading on Tuesday, shares of the ProShares UltraShort Gold ETF (Symbol: GLL) crossed above their 200 day moving average of $22.49, changing hands as high as $22.66 per share. ProShares UltraShort Gold shares are currently trading up about 3.1% on the day. The chart below s

Notable Two Hundred Day Moving Average Cross - SON

SON

In trading on Tuesday, shares of Sonoco Products Co. (Symbol: SON) crossed below their 200 day moving average of $51.23, changing hands as low as $50.14 per share. Sonoco Products Co. shares are currently trading off about 3% on the day. The chart below shows the one year perf