BHP to test Caterpillar's new energy transfer system on its mining trucks
BHP Group said on Thursday it plans to test U.S.-based equipment manufacturer Caterpillar's new technology, which transfers energy to diesel-electric and battery-electric large mining trucks while they are working on a mine site.
Focus: BHP's Australian nickel stoppages spoil plans for LME alternative
Plans for two new nickel trading platforms to challenge the London Metal Exchange (LME) have been blown off course by BHP's planned suspension of its plants in Western Australia, which has prevented it from committing to them.
The More It Drops, The More I Buy
A sector of the market has pulled back meaningfully over the past three months. However, it offers very attractive dividends and has a very bullish long-term outlook, backed by numerous macro trends. I share some of my top picks in the sector right now.
BHP's Copper Growth Plans Under Review by South Australian Government
BHP Group's expansion plans for Olympic Dam is set to double its copper production in South Australia by the mid-2030s.
BHP Stock: The Under-the-Radar Growth Story in Commodities
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.
BHP Group Limited (BHP) Q4 2024 Earnings Call Transcript
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 - JPMorgan Mike Henry Hello and thank you for joining us to hear about BHP's Results for the 2024 Financial Year. I'm joined by our Chief Financial Officer, Vandita Pant.
BHP Group FY24 Earnings & Revenues Improve Y/Y on Higher Prices
BHP reports better-than-expected revenues and profits in fiscal 2024 aided by higher iron ore and copper prices and sales volumes.
BHP copper ambitions applauded by Jefferies
BHP‘s annual results were more or less in line with forecasts, said US bank Jefferies. Underlying profits [EBITDA] and net debt were slightly better while the dividend met expectations.
BHP expects ongoing volatility in metals markets due to China's property slump
BHP on Tuesday said it expects volatility in global commodity markets will continue throughout the remainder of 2024 due to the ongoing slump in China's economy and the troubles currently facing Europe's manufacturing sector.
BHP CEO expects a turnaround in China's property sector in year ahead
BHP's CEO Mike Henry said he expects China's property sector to rebound in the upcoming year on the back of favorable government policies. While acknowledging that the country's property sector is a "weak point" for steel demand, Henry is optimistic about Chinese government measures announced recently.
BHP Profit Trimmed After Bruising Asset Value Write Downs
Hefty write-downs bruised an otherwise strong profit for the year to June 30 by BHP, the world's biggest mining company.
BHP annual profit rises 2%, says open to higher debt for acquisitions
BHP Group reported a better-than-expected annual underlying profit on Tuesday due to growth at its iron ore and copper businesses and said it was comfortable with raising its debt target for any potential acquisitions.
