Key facts: BHP Group faces iron ore challenges; halts Anglo merger talks
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- BHP Group's iron ore operations faced challenges as China's state buyer ordered steel mills to halt purchases of a specific BHP iron ore type, worsening a contract dispute.1
- BHP Group has halted merger talks with Anglo American, which is merging with Teck Resources. BHP's shares rose 1.1%, and it will not bid for Anglo for six months.234