BHP Group (BHP) recently announced that the South Australian government initiated an assessment of its planned Smelter and Refinery expansion (SRE) at Olympic Dam. The SRE plan will be carried out in two phases and is expected to take BHP's copper production in South Australia from 322,000 tons in fiscal 2024 to more than 500,000 tons by early 2030's. The figure is expected to reach 650,000 tons in the mid-2030's. BHP's Efforts to Grow Copper South Australia Following the acquisition of OZL in May 2023, BHP ...

STOCKHOLM, Sept. 3, 2024 /PRNewswire/ -- Sandvik has been awarded a major contract from BHP to the Jansen Potash Project, located in Saskatchewan, Canada. The contract, which includes potash continuous mining systems, is valued at approximately SEK 1.9 billion. An order value of approximately SEK 500 million will be reported in the third quarter 2024, and approximately SEK 400 million in each of the second and third quarter 2025. The remaining order value is estimated to be booked in the second quarter 2026 ...

TORONTO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- BHP Xplor, the six-month accelerator program aimed at revolutionizing critical mineral exploration, has officially opened applications for the 2025 cohort. Following the success of the 2023 and 2024 cohorts, BHP Xplor is excited to invite early-stage explorers to join its next chapter. Once again, the program is seeking visionary teams focused on uncovering new sources of critical minerals crucial for a sustainable future. The BHP Xplor program is designed to acce ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED 30 JUNE 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXC ...

When investors think of commodities and their long-term demand cycles, gold and silver often come to mind as investments that can take advantage of the market's long-term upside. However, the answer to aligning a portfolio with a long-term winning commodity involves figuring out which leading economy relies on which commodity and how steady the demand could be. Nations like China and the United States rely on commodities like iron ore to construct steel. As long as the real estate sector (residential and co ...

BHP Group Limited (NYSE:BHP) Q4 2024 Results Conference Call August 26, 2024 6:30 PM ET Company Participants Mike Henry - Chief Executive Officer Vandita Pant - Chief Financial Officer Tristan Lovegrove - Group Investor Relations Officer Conference Call Participants Paul Young - Goldman Sachs Lyndon Fagan - JP Morgan Rahul Anand - Morgan Stanley James Redfern - Bank of America Kaan Peker - RBC Rob Stein - Macquarie Lachlan Shaw - UBS Paul McTaggart - Citigroup Glyn Lawcock - Barrenjoey Lyndon Fagan - JPMorg ...

BHP Group (BHP) reported a 2% year-over-year increase in underlying attributable profit from continuing operations at $13.7 billion for fiscal 2024 (ended June 30, 2024). The growth was attributed to higher prices and sales volumes in BHP's iron ore and copper operations, productivity initiatives, cost discipline and favorable raw material costs. This offset the impact of lower energy coal and nickel prices and higher labor costs on profits. BHP's underlying earnings per share were $2.70 compared with $2.65 ...

The company logo adorns the side of the BHP gobal headquarters in Melbourne on February 21, 2023. - The Australian multinational, a leading producer of metallurgical coal, iron ore, nickel, copper and potash, said net profit slumped 32 percent year-on-year to 6.46 billion US dollars in the six months to December 31. (Photo by William WEST / AFP) (Photo by WILLIAM WEST/AFP via Getty Images) BHP CEO Mike Henry said he expects China's property sector to rebound in the upcoming year on the back of favorable gov ...

Hefty write-downs bruised an otherwise strong profit for the year to June 30 by BHP, the world's biggest mining company. Before writing down $2.7 billion on its mothballed nickel business and providing a charge of $3.8 billion for the 2015 failure of the Samarco dam at a Brazilian iron ore mine, BHP's underlying profit was up 2% at $13.7 billion. But after the write-offs the full year profit was down 39% at $7.9 billion, earned from a 3% increase in revenue at $55.7 billion. The Australian-based miner also ...

REGINA, Saskatchewan, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The Regina Food Bank and BHP are pleased to announce a partnership to ensure the financial sustainability and programming impact of the recently created BMO ASAHTOWIKAMIK Food Hub. Through the partnership BHP will invest $350,000, designating BHP as the reconciliation partner. Funds will go towards the food sovereignty programme and a mural in the Food Hub created by local Indigenous artist Chantel Yuzicappi, from Standing Buffalo First Nation in Treat ...