BHP Group Announces Silver Streaming Transaction
ReutersFeb 16, 2026 9:36 PM
Feb 17 (Reuters) - BHP Group Ltd BHP.AX:
ANNOUNCES SILVER STREAMING TRANSACTION
ENTERED INTO A LONG-TERM STREAMING AGREEMENT WITH WHEATON PRECIOUS METALS INTERNATIONAL LTD.
UNDER AGREEMENT, BHP WILL RECEIVE AN UPFRONT PAYMENT OF US$4.3 BILLION AT COMPLETION
BHP WILL DELIVER SILVER TO WHEATON CALCULATED BY REFERENCE TO ITS SHARE OF SILVER PRODUCED AT ANTAMINA MINE
WHEATON WILL ALSO PAY BHP 20% OF SPOT SILVER PRICE AT TIME OF DELIVERY FOR EACH OUNCE OF SILVER DELIVERED UNDER AGREEMENT
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