BHP Group (ASX:BHP) has made an application to trade on the London Stock Exchange (LSE), which is expected to begin today (9 April).
A total of around 2.47 million shares of no par value will be admitted to trading on the LSE. Shares will rank pari passu with the existing ordinary shares of the company.
This news comes after the mining giant recently completed a silver streaming transaction with Wheaton Precious Metals International.
BHP received a total of US$4.3 billion ($6.2 billion) from Wheaton, with ongoing production transfer payments payable at 20% of the spot silver price per ounce in exchange for delivering 33.75% of silver produced from the Antamina Mine in Peru.
The stream will be reduced after delivering 100 million ounces to Wheaton to 22.5% of silver produced from the mine for the remaining life of mine.
Wheaton is a precious metals streaming company focused primarily on gold and silver streaming agreements across a global portfolio of mining operations.
BHP is a resources company that operates in more than 90 locations worldwide.
Operating since 1851, BHP is focused on developing and contributing to the mining industry with more than 90,000 employees and contractors globally.
Write to Aaliyah Rogan at Mining.com.au
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