Bhp Share Discussion Threads

[p1nkfish] 16/9/2021 16:33

Move out of ftse100 might be a mistake, guess they have worked out the possible sales volumes as index trackers shift out.

[p1nkfish] 16/9/2021 16:32

Leaving ftse100, some moving out early before trackers move.

[kipper999] 16/9/2021 16:30

Iron Ore makes up 70% of BHP profits.
Spot price on 27 July was $215
Today it's $124

Looking at the chart, the price has fallen off a cliff

Perhaps that's the explanation, or part of it

[shalder] 16/9/2021 16:02

PRC won't like the new defence pact and could reduce reliance on Australian raw materials further by way of retaliation.

[kipper999] 16/9/2021 15:19

That's actually 21 trading day's since BHP Results 17 August
Touching a 21% drop now
Yield is over 10% now
Rio over the same period is off just 8%

What am i missing, or is this just a no brainer buy oppertunity?
Tho every time i get a quote & consider it, the share price drops further

Maybe the Woodside deal??

[kop202] 16/9/2021 14:37

Strange cos drill results at Solg just made Billingtons stake worth a hell of a lot more and still more to come

[milliethedog] 16/9/2021 12:36

20% drop from results day one month ago; £25 to £20
Any ideas why anyone?

[jonny_wright] 16/9/2021 11:51

This needs to hold 20 else I'm out

[waldron] 15/9/2021 06:22

SYDNEY--BHP Group Ltd., the world's largest mining company, said it has non-binding memorandums of understanding with major importers for up to 100% of future production from its Jansen project in Canada's Saskatchewan province.

BHP last month approved the first phase of the Jansen project, which is estimated to cost $5.7 billion to build. Potash is one of three major fertilizer ingredients, alongside nitrogen and phosphate, and BHP thinks mining at Jansen could last about 100 years.

BHP outlined its marketing strategy for Jansen's potash as part of a presentation on the project to investors on Wednesday. BHP said its enlarged marketing team will have more than five years to build relationships and secure binding sales.

The strategy aims to "replicate tried and tested model of marketing directly to major customers via regional offices leveraging BHP's broader commercial resources," the company said in the presentation materials.

BHP said markets for Jansen's potash could include the U.S., Brazil, India, and China. Potash is seen by farmers as an attractive resource because it tends to boost yields, aid in drought tolerance and improve crop quality.

BHP has wanted to be in the potash trade for some time. A decade ago, it unsuccessfully bid $38.6 billion for Potash Corp. of Saskatchewan, which in 2018 merged with Agrium Inc. to form Nutrien Ltd.



Write to David Winning at [e-mail]



(END) Dow Jones Newswires

September 14, 2021 18:55 ET (22:55 GMT)

[bothdavis] 14/9/2021 22:29

Looking at investing in BHP over the long term, how secure do regular contributors think the dividend is?

[grupo] 14/9/2021 11:31

BHP Group PLC set targets to achieve net-zero emissions for its suppliers and shippers, but said that it can't do the same for heavily polluting downstream activities such as steelmaking.

The world's largest miner by market value on Tuesday published an updated climate-transition plan, which includes enhanced targets for value chain (Scope 3) emissions. In order to progress toward its ambition of achieving net-zero Scope 3 emissions by 2050, the company is now targeting net zero for its direct suppliers and for the maritime transport of its products by 2050.

However, BHP said it couldn't do the same for the pollution caused by the processing of the commodities it sells: "...recognizing the particular challenge of a net-zero pathway for customers' processing of our products, which is dependent on the development and downstream deployment of solutions and supportive policy, we cannot set a target".

BHP said it will continue to partner with customers to accelerate the transition to carbon-neutral steelmaking and other downstream processes, and that it will pursue carbon-neutral production of commodities such as copper, nickel and potash that are seen as essential for the energy transition.

In 2020, the Anglo-Australian miner committed at least $400 million to fund emission-cutting projects across its assets and value chain, and in 2021 committed to spending up to $65 million in partnership with its steel customers.

Scope 3 emissions are generated by suppliers, logistics, customers and non-operated investments. They represent 96% of BHP's total reported emissions, because it sells huge amounts of iron ore and metallurgical coal for its customers to produce steel.

Steelmaking accounted for 300.5 million metric tons of carbon-dioxide equivalent of BHP's 402.5 million tons total Scope 3 emissions in the year through June, according to the company. In comparison, procurement generated 10.4 million tons and maritime activities produced 7.4 million tons.

"In any net-zero future, steel will play an essential role... The challenge for steelmaking is to produce this vital commodity to enable sustainable growth, while reducing the emissions footprint of the production process itself," BHP said in its climate-transition report.



Write to Jaime Llinares Taboada at [e-mail]; @JaimeLlinaresT



(END) Dow Jones Newswires

[waldron] 13/9/2021 09:10

cheers elf



greenelf
13 Sep '21 - 08:04 - 1125 of 1125
0 0 0


HAVE A GREAT WEEK

[greenelf] 13/9/2021 08:04

https://seekingalpha.com/amp/article/4454780-copper-is-what-makes-bhp-a-future-mining-king

[boystown] 08/9/2021 15:00

Can these still be held in a UK ISA sans problems?

[grupo] 08/9/2021 08:38

BHP Group Ltd., the world's largest miner by market value, has formed an exploration alliance with KoBold Metals, a Silicon Valley startup backed by Bill Gates-led Breakthrough Energy Ventures, the companies said on Wednesday.

KoBold, which is focused on using artificial intelligence to find new sources of electric-vehicle and renewable-energy metals, will initially partner with BHP to search for commodities such as nickel and copper in Western Australia before expanding to other places, the companies said. BHP and KoBold will jointly operate and fund exploration programs.

"We need new approaches to find the next generation of essential minerals, and this alliance will combine historical data, artificial intelligence, and geoscience expertise to uncover what has previously been hidden," said Keenan Jennings, BHP's head of metals exploration.

KoBold, whose investors also include venture-capital firm Andreessen Horowitz, says it uses artificial intelligence to guide where to look for new metals deposits and to shape field exploration programs. It has several joint ventures and alliances with miners and explorers, including a JV with explorer Bluejay Mining PLC to search for metals in central-west Greenland announced in August.

Write to Rhiannon Hoyle at [e-mail]



(END) Dow Jones Newswires

September 08, 2021 01:14 ET (05:14 GMT)

[la forge] 03/9/2021 08:22

WATODAY.COM


BHP workers returning to offshore oil rig after Hurricane Ida

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By Nick Toscano

September 3, 2021 — 1.01pm

Australian mining giant BHP has started flying staff back out to its Shenzi offshore platform in the United States’ Gulf of Mexico after the deadly Hurricane Ida tore through the oilfields and forced a days-long evacuation.

Oil producers including BHP, Shell, Exxon and Chevron have been assessing the damage left by Ida’s ferocious 240-kilometre-an-hour winds, which knocked out more than 90 per cent of the Gulf of Mexico’s oil and gas production.
Gulf of Mexico oil and gas producers are assessing the damage left by Hurricane Ida and returning staff to platforms.


BHP said its initial assessments had identified no damage to its Shenzi platform, and it had started running the first flights back to the offshore operations.

However, a spokeswoman said it was too soon to say when oil production would resume.

“As far as production restart, timing is still to be determined, and contingent on midstream/downstream factors,” she said.



Ida made landfall on August 29 at Port Fourchon, where BHP’s shorebase was located. Storms caused extensive damage to the port that services about 90 per cent of the Gulf of Mexico’s deepwater oil and natural gas wells.

BHP said it had temporarily relocated its base from Port Fourchon to Galveston and was in the process of setting up operations there.

The remnants of Hurricane Ida have hammered the US east coast with tornado damage, rain and surging rivers. The flooding has killed at least 46 people in their homes and cars.

Benchmark crude oil prices rallied ahead of the hurricane as oil well shut-ins across the gulf curtailed supply. However, prices have since been under pressure amid analyst concerns that power outages and flooding at Louisiana’s oil refineries could lead to a slower restart and a longer slump in demand.

Commonwealth Bank commodities analyst Vivek Dhar said markets were leaning towards a quicker recovery in US oil production than US refining activity.

“That bodes negatively for oil prices,” he said.

In the US, BHP operates the Shenzi field and has non-operating interests in the Atlantis and Mad Dog fields.

The company last month announced it would exit oil and gas entirely, with a landmark deal to sell its global petroleum division to Australia’s top producer Woodside, partly to free up its ability to spend more on “future-facing” commodities such as copper and nickel that will be increasingly needed to make electric batteries and clean-energy infrastructure.

As global warming concerns drive the investment community further away from carbon-intensive fossil fuels, BHP chief executive Mike Henry noted that the Woodside deal would also give BHP shareholders the choice to “manage their own decisions” about whether they wanted to retain or remove their exposure to oil.

“Bringing the BHP and Woodside assets together will provide choice for BHP shareholders, unlock synergies in how these assets are managed and allow capital to be deployed to the highest-quality opportunities,”; Mr Henry said.

The combined entity would be owned 52 per cent by Woodside shareholders and 48 per cent by BHP shareholders. The tie-up will be put to Woodside shareholders for a vote in the June half of 2022.

[arja] 02/9/2021 08:28

so up slightly on the day after taking divi into account . BHP must be getting close to the buy level i reckon .

[la forge] 02/9/2021 08:17

Bhp
2,121 -4.93%