BHP Group Signs $4.3 Billion Silver Deal with Wheaton Precious Metals
BHP Group signed a $4.3 billion silver deal with Wheaton Precious Metals. The move unlocks capital from the Antamina mine for high-return growth projects.
Insights:
BHP Group Limited announced today, February 16, 2026, that it has entered into a long-term silver streaming agreement with a unit of Wheaton Precious Metals Corp. . Under the terms of the deal, Wheaton will pay an upfront cash consideration of $4.3 billion to receive silver produced from BHP's share of the output at the Antamina mine in Peru 
PE. This transaction is designed to free up capital from what BHP considers a non-core commodity, allowing the company to reallocate funds toward high-return growth projects and shareholder returns.
PE. This transaction is designed to free up capital from what BHP considers a non-core commodity, allowing the company to reallocate funds toward high-return growth projects and shareholder returns.
