Is this ASX mining giant quietly setting up its next big move?

The BHP Group Ltd (ASX: BHP) share price is slipping in Friday trade, despite ongoing strength across commodity markets. At the time of writing, the BHP share price is down 1.64% to $50.145. Despite today’s modest pullback, the mining heavyweight has still delivered a solid run and is up 10% in 2026. So, what is driving the latest move? Iron ore remains the key driver Iron ore continues to be the single most important earnings driver for BHP. The company generates a large portion of its profits from its Pilbara operations in Western Australia, which supply steelmakers across Asia. BHP…