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BHP share price ends Friday’s session 8% lower for the week

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Update time : 2022-06-17 21:02:57
  • BHP shares close 3.39% lower to $42.52 resulting in a loss of 8% for the week 
  • The falling iron ore spot price has impacted the miner's shares along with its peers, Rio Tinto and Fortescue 
  • Further dragging down BHP shares is China's move to reduce reliance on Australian iron ore by setting up its own consortium of iron ore purchasers 
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