Who is stepping down as BHP's Chief Commercial Officer and when?

Rag Udd, BHP's Chief Commercial Officer, will step down at the end of January to pursue an opportunity outside the company, according to an internal staff memo seen by Reuters.

Why is Rag Udd's departure considered significant for BHP's business operations?

His departure leaves open one of BHP's most difficult roles — negotiating iron ore deals with China — especially amid heightened pressure from China Mineral Resources Group (CMRG), which recently imposed bans on steel mills until a deal was struck in April, and as iron ore makers expect those negotiations to get harder under new leadership.

BHP's Chief Commercial Officer to Step Down in January, Internal Memo Shows

Sep 1, 2026

BHP's Chief Commercial Officer Rag Udd will step down in January, affecting critical iron ore negotiations with China and oversight of major potash and copper projects.

reuters

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