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BHP Group Announces Strong FY24 Results and Growth

BHP Group Ltd (AU:BHP) has released an update.

BHP Group Ltd has reported robust financial performance in FY24, marked by record iron ore production and a 9% increase in copper volumes, resulting in a significant final dividend of 74 US cents per share. The company is actively investing in future-facing commodities, particularly copper and potash, and has committed to a comprehensive decarbonisation plan aiming for a 30% reduction in operational GHG emissions by 2030. Despite facing a tragic fatality and global nickel oversupply challenges, BHP maintains a strong focus on safety, inclusion, and environmental responsibility.

For further insights into AU:BHP stock, check out TipRanks’ Stock Analysis page.

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