BHP Group (ASX:BHP) surpassed Commonwealth Bank of Australia (ASX:CBA) in terms market capitalization by recording a market cap of over AU$253 billion as of Monday, compared with the bank's nearly AU$252 billion.

BHP shares have seen an almost 10% rise in the past month and 24% jump in the past six months.

BHP shares were up almost 3% in recent Tuesday trade and earlier reached their highest since December 2023.