S&P Dow Jones Indices announced the removal of OZ Minerals Limited from the S&P/ASX 200, following its acquisition by BHP Lonsdale Investments, part of BHP Group (ASX:BHP).

OZ Minerals will be replaced by Bellevue Gold Limited (ASX:BGL) in the index, effective from April 19, 2023.

OZ Minerals shareholders waved through BHP’s $9.6B takeover of the copper and nickel producer earlier today, with over 98% supporting the deal.

BHP Group's share price is up 3% the past five days.