TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- BHP has announced its second cohort of six companies, chosen from a pool of over 500 applicants, to join the BHP Xplor accelerator program. The accelerator program is designed to support early-stage mineral exploration companies in finding the critical resources needed to support the energy transition. Each company will receive a grant of up to US$500,000 together with access to a network of internal and external industry experts to accelerate its growth and furthe ...

Exchange release 4 September 2023 Court Ratifies Samarco's Judicial Reorganisation Plan The court's ratification of Samarco's Judicial Reorganisation Plan follows support of the plan by a majority of Samarco's financial creditors in July 2023 as required under Brazilian bankruptcy law. BHP provided an update to the Group's provision for the Samarco dam failure in its 2023 Annual Report and BHP considered the funding cap along with Samarco's long-term forecast cash flows, when determining the Samarco Fundão ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number: 001-09526 BHP GROUP LIMITED (ABN 49 004 028 077) (Exact name of registrant as specified in its charter) VICTORIA, AUSTRALIA (Jurisdiction of incorporation or organisation) 171 COLLINS STREET, MELBOURNE, VICTORIA 3000 AUSTRALIA (Address of pr ...

BHP Group Limited (NYSE:BHP) Q4 2023 Earnings Conference Call August 21, 2023 1:30 AM ET Company Participants Mike Henry - Chief Executive Officer David Lamont - Chief Financial Officer Conference Call Participants Mike Henry Hello, and thank you for joining us to hear about BHP's results for the 2023 financial year. I'm joined today by our Chief Financial Officer, David Lamont. This year, our results have again proven that our focused strategy creates lasting value through the cycle. But before we talk abo ...

Summary of BHP Group Limited Conference Call Company Overview - **Company**: BHP Group Limited (NYSE:BHP) - **Industry**: Mining - **Key Products**: Iron ore, copper, steelmaking coal, potash Core Points and Arguments 1. **Operational Focus**: BHP is pursuing opportunities to grow shareholder value through operational excellence and social value creation, presenting a differentiated investment proposition [2][24] 2. **Safety Concerns**: Acknowledgment of recent fatalities at Olympic Dam and Port Hedland, emphasizing the need for improved safety measures [3] 3. **Macroeconomic Drivers**: Positive macroeconomic outlook with China and India expected to contribute to half of global economic growth in 2023 [4][5] 4. **Long-term Economic Growth**: Global economy projected to be 2.5 times larger by 2050, with significant contributions from China and India [6] 5. **Demand for Commodities**: Anticipated increase in demand for steel, copper, potash, and nickel due to urbanization and decarbonization trends [8][9] 6. **Investment Needs**: The copper industry requires approximately $250 billion in growth capital by the end of the decade, highlighting a significant shortfall in committed projects [9][10] 7. **Challenges in Supply**: Decrease in new copper discoveries since the 1990s, leading to a need for substantial capital investment to maintain production levels [11][12] 8. **BHP's Competitive Advantage**: BHP's large resource base, operational efficiency, and capital allocation framework provide a competitive edge in the industry [12][13] 9. **Growth Strategy**: Focus on enhancing productivity from existing assets while exploring new growth opportunities through acquisitions and exploration [15][16] 10. **Iron Ore Production**: BHP's Western Australian iron ore business is the lowest cost producer globally, with plans to increase production capacity [17][18] 11. **Potash Development**: Jansen Stage 1 is on track for production in late 2026, with plans for Stage 2 to add further capacity [19][20] 12. **Acquisition of OZ Minerals**: The acquisition is expected to unlock synergies and enhance copper and nickel production in South Australia [20][21] 13. **Operational Excellence Recognition**: BHP's operational excellence was recognized by the Shingo Institute, highlighting its commitment to continuous improvement [22] 14. **Capital Allocation Discipline**: BHP maintains a 50% minimum payout ratio for dividends, balancing shareholder returns with necessary investments for growth [43][44] Additional Important Content 1. **Decarbonization Trends**: The shift towards decarbonization is expected to increase demand for BHP's commodities, necessitating significant infrastructure investments [7][8] 2. **Market Positioning**: BHP aims to be a preferred partner for governments and stakeholders by managing its business sustainably and responsibly [25] 3. **Focus on Core Commodities**: BHP has chosen to focus on copper, nickel, and potash, while continuing to optimize its iron ore and metallurgical coal businesses [40][41] 4. **Lithium Market Stance**: BHP has opted not to participate in lithium due to concerns about long-term margin potential and the need for focused investment [38][39] This summary encapsulates the key insights and strategic directions discussed during the conference call, reflecting BHP's commitment to operational excellence, safety, and sustainable growth in the mining industry.

Release Time IMMEDIATE Release Number 04/23 BMO METALS, MINING & CRITICAL MINERALS CONFERENCE A copy of the presentation slides is attached. Date 27 February 2023 NEWS RELEASE BHP CEO, Mike Henry, will present at the BMO Metals, Mining & Critical Minerals Conference at 8:00am US Eastern time on Monday 27 February 2023. The presentation slides and a transcript of Mike's speech will be available on BHP's website shortly after the presentation at: https://www.bhp.com/investors/presentations-events Media Relati ...

BHP Group Limited (NYSE:BHP) Q2 2023 Earnings Conference Call February 20, 2023 6:30 PM ET Company Participants Mike Henry - CEO David Lamont - CFO Conference Call Participants Operator Hello and thank you for joining us to hear about BHP’s results for the December 2022 Half Year. I’m joined by our Chief Financial Officer, David Lamont. I want to start by acknowledging the tragic loss of life of one of our team members, Jody Byrne, in our rail operations at Port Hedland, the week before last. My deepest sy ...

• The Board has determined to pay an interim dividend of 90 US cents per share (or US$4.6 billion), equivalent to a 69% payout ratio. This release covers functions and assets (including those under exploration, projects in development or execution phases, sites and closed operations) that have been wholly owned and/or operated by BHP or that have been owned as a joint venture 1 operated by BHP (referred to in this release as 'operated assets' or 'operations') during the period from 1 July 2022 to 31 Decembe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 October 19, 2022 BHP GROUP LIMITED (ABN 49 004 028 077) (Exact name of Registrant as specified in its charter) VICTORIA, AUSTRALIA (Jurisdiction of incorporation or organisation) 171 COLLINS STREET, MELBOURNE, VICTORIA 3000 AUSTRALIA (Address of principal executive offices) Indicate by check mark whether the registrant f ...

BHP Annual Report 2022 Bringing people and resources together to build a better world Contents 89–124 Governance | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|----------------------------------|-------|-------|----------------------------------|-------|-------|--------------------------------|-------| | | | | 4.3 | Financial results | 19 | 7.14 | Social investment | 58 | | | 02–05 | | 4.4 | Debt and sources of liquidity 21 | | 7.15 | Environment | 59 | | | Overview | | 5 | Our assets | 23 ...