Bhp Share Discussion Threads

[eggbaconandbubble] 30/12/2023 15:07

Absolutely zip - All options behind the paywall.

[zho] 30/12/2023 13:24

If you Google "This mining colossus is a smart, long-term option with its clear focus on a slimmed-down set of metals and fertiliser" you should be able to access the article.

[eggbaconandbubble] 30/12/2023 11:12

zho, Can you cut and paste that article - please!

[zho] 29/12/2023 12:25

t's time to buy the 'Big Australian'

This mining colossus is a smart, long-term option with its clear focus on a slimmed-down set of metals and fertiliser

[podgyted] 26/12/2023 09:06

Looking good.

[lippy4] 19/12/2023 18:07

this is doing well, will it keep going i wonder as its one of my best shares today..

[garycook] 06/12/2023 23:21

BHP Executive Leadership Team update
7 December 2023
Today we've announced updates to BHP's executive leadership team.

BHP Chief Executive Officer (CEO), Mike Henry said:

“These new appointments ensure that we continue to build organisational capacity, with the right mix of skills, experience and perspectives to deliver BHP’s strategy and pursue our growth agenda. Our operating environment is increasingly complex, but also rich in opportunity for companies that are best able to positively engage stakeholders, deploy capital to the right opportunities in a disciplined way and deliver safe, reliable operational performance.

BHP continues to make significant progress on its strategy, delivering strong operating performance, an enhanced portfolio more strongly leveraged to the megatrends shaping the world, improved growth options, and a differentiated approach to social value creation – all in support of strong long-term shareholder returns.”

[cumnor] 05/12/2023 10:38

Volume today sums up everything about London as a global financial center. BHP the next one to leave I expect.

[grupo guitarlumber] 09/11/2023 12:18

Upcoming events on BHP Group Limited


2024-FEB-19 Q2 2024 Earnings Release (Projected)

[loganair] 02/10/2023 17:11

Goldman has been looking at the Escondida copper operation in Chile which is co-owned by BHP (57.5%) and Rio Tinto (30%). It notes that the operation has been expanded nine times since first producing copper all the way back in 1992.

Goldman expects a 10th expansion to occur in the coming years, supporting stronger-than-expected copper production growth. In fact, the broker believes the increase in production is going to be well ahead of consensus estimates.

The broker also highlights that the economics are compelling for the expansion. It adds:

While we already include the Escondida expansion in our base case for BHP & RIO, we have analysed the Escondida expansion options from a NPV & IRR perspective, and conclude the economics are compelling, and BHP would benefit from pushing ahead with an expansion of both the concentrator and heap leach capacity. We also highlight that Visible Alpha Consensus Data appears not to include the expansion as consensus 2030 production is ~200kt below GSe and 2025-2030 copper division capex is a collective ~US$10bn below GSe.

[f56] 19/9/2023 19:10

Anybody can cancel anybody! Lol.

[lippy4] 18/9/2023 20:59

typical labour government interference driving a company down..

[ariane] 18/9/2023 20:17

Labor’s work laws will cut dividends, BHP warns
Peter Ker and Tom Richardson
The Review
Sep 18, 2023 – 7.00pm


BHP has warned investors dividends will suffer under the Albanese government’s “same job same pay” agenda, which the miner expects will strip more than $1.3 billion from its annual earnings based on a conservative reading of the bill, equivalent to 5000 jobs.

The nation’s biggest company vowed to “continue to argue the case” against the policy while seeking to mobilise support from its army of direct and indirect shareholders on Monday, which it estimated at close to 17 million Australians.

BHP’s chief financial officer David Lamont. Carla Gottgens

But Workplace Minister Tony Burke signalled he was up for the fight with BHP and its income hungry investors, saying that most companies did not rely on the sort of “loopholesR21; that had allowed BHP to pay some workers less than colleagues who perform the same task at the same mine.

BHP is vulnerable to the government’s proposed “Closing Loopholes” amendment to the Fair Work Act because it employs about 4500 maintenance and production workers through its “Operations Services” subsidiaries, which typically pay lower wages than the BHP subsidiaries that directly own the company’s mines.

The bill seeks to ensure workers employed under structures like BHP’s Operations Services get the same pay as colleagues on different workplace agreements. It is expected to affect companies like Downer and Qantas.


BHP warned in May that the policy would increase its costs by $1.3 billion a year, a claim that was dismissed by the government in the explanatory memorandum attached to the bill when it was tabled in parliament on September 4.

But on Monday, BHP chief financial officer David Lamont said the $1.3 billion estimate was probably conservative given the bill was broader than originally expected. “The original estimate that we did have of $1.3 billion, we think now is actually light on,” said Mr Lamont during a shareholder webinar.

BHP did not initially assume the laws would be extended to service providers like Downer and Thiess, which may also be captured according to paragraph 558 of the memorandum.

“This will have a direct impact to our shareholders,” said Mr Lamont. “$1.3 billion will come directly off our earnings each year that will then flow directly to dividends, we estimate that to be about 30¢ on a dividend payout.”

BHP declared fully franked dividends worth $US1.70 a share, or about $US8.7 billion ($13.5 billion), for the year to June 30, – the fourth-biggest annual payout in the miner’s history.

Mr Lamont’s 30¢ estimate is a hypothetical figure based on the policy being in place in the 2023 financial year, and BHP absorbing a $1.3 billion hit to earnings.

The past five years have marked a golden era for shareholder returns at BHP amid high commodity prices and an inflationary backdrop that has ensured resource producers are price makers, not price takers.

Mr Lamont hinted that jobs could also be affected if BHP sought to mitigate the financial impact of the policy. “Another way to look at it; that $1.3 billion is equivalent to about 5000 jobs in BHP,” he said.

BHP’s estimate that it has about 17 million shareholders includes those who are underlying investors through their superannuation accounts.

Speaking on the same webinar, BHP’s Minerals Australia president Geraldine Slattery said the proposed laws would “cut short” a large number of Australian workers. “For shareholders it is something you should be very concerned about,” she said.

Mr Burke said the reforms would only compel BHP to pay rates it had already agreed to pay some of its staff under workplace agreements.

“It’s odd that a company would be alarmed at having to pay the rates of pay it has already agreed to,” he said. “Most businesses in Australia don’t use this loophole. There are very few workplaces where the hourly rate for a casual is lower than the rate for a permanent worker.”

Plato Investment Management managing director Don Hamson said the imposition of higher costs on BHP would inevitably lead to lower profits, lower dividends and perhaps a lower valuation for BHP shares.

“Ultimately if this is a permanent reduction in earnings this will equal a capital reduction as well in the value of shares, so shareholders will get a double whammy of less capital value and less income along the way,” he said.

Mr Hamson said lower profits would also mean BHP would pay less tax.

“Somebody might be better than someone else at the same job. I don’t pay all my staff the same as some are more productive than others, and have different skills or experience in similar roles,” he said.

The nation’s biggest industry super fund, AustralianSuper, declined to comment.

[f56] 18/9/2023 19:02

For everyone of you online.

I can always find someone on the streets who is more genuine. Lol.

[adrian j boris] 18/9/2023 18:16

BHP to power Queensland coal operations with renewable energy


Duncan EvansNCA NewsWire


Mon, 18 September 2023 9:51AM



Australia’s largest mining company will power its coal operations with wind and solar energy in a power purchase agreement that will help sustain four large-scale renewable energy projects.

BHP will buy wind and solar energy from CleanCo, a government-owned renewable energy retailer, to power up to 50 per cent of its Queensland coal operations by 2030.



It has offtake agreements with the Dulacca and MacIntyre wind farms and the Western Downs solar farm in Southern Queensland.

CleanCo also has a capacity purchase agreement with Neoen’s Kaban wind hub in North Queensland, which means it will purchase 100 per cent of the energy generated at the hub.

BHP president Australia Geraldine Slattery said the link with CleanCo would improve the long-term sustainability of BHP’s business and support regional communities and jobs.

Some 1500 construction jobs went into building the four projects, with Dulacca expected to come online in late 2023 and MacIntyre due for completion in 2025.

“We are increasing renewable electricity at BMA in line with our decarbonisation commitments to 2030 and beyond,” Ms Slattery said.


“We expect demand for Queensland’s higher-quality metallurgical coal to remain strong for many years to come, as major steelmakers look to reduce their emissions intensity while delivering the steel needed to support global population growth and decarbonisation infrastructure.̶1;

BHP has a purchase agreement in place with CleanCo to 2025 and it will now extend to the end of 2030.

The miner hopes to achieve net zero operational greenhouse gas emissions by 2050 and substantial parts of the company’s operations are being reconfigured to meet the goal.

In August, the company signed an MOU with Toyota Australia to electrify its fleet of 5000 vehicles.

In Central Queensland, BHP operates seven coal mines in conjunction with Mitsubishi.

Originally published as BHP to power Queensland coal operations with renewable energy


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[f56] 18/9/2023 17:24

Big mistake!

[adrian j boris] 18/9/2023 17:10

Only you f56

[f56] 18/9/2023 17:00

Are people on here biased?

[anhar] 11/9/2023 09:55

Sterling value of US80¢ 2023 final divi announced: 64.074326p

[rafaelwalter1] 10/9/2023 17:43

"Positive outlook for BHP's stock performance."

[crowndembovcvyad] 10/9/2023 16:37

"Positive outlook for BHP's stock performance."

[eggbaconandbubble] 10/9/2023 12:15

This message board is getting like a vinyl disc stuck in the groove!

[grupo guitarlumber] 10/9/2023 09:05

Upcoming events




18 October 2023, 8:30 AM Melbourne time (approximate)

BHP Operational Review
For the quarter ended 30 September 2023