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Highlights

  • BHP’s H1FY25 profit from operations rose by 89.6% YoY to USD 9.10 billion.
  • The company declared and paid an interim dividend of USD 0.50 per share on 27 March 2025.
  • BHP invested USD 3.2 billion in growth, including Jansen potash and copper projects in Chile and Argentina, to diversify earnings.

BHP Group Ltd (LSE: BHP) is an Australia-based resources company. It produces iron ore, copper, nickel, potash, and metallurgical coal. The company has Copper, Iron Ore, and Coal segments.

In the first half of fiscal year 2025 (H1FY25), the company’s revenue declined by 7.4% year-over-year (YoY) to USD 25.20 billion, due to lower average realized prices for iron ore and metallurgical coal, despite increased copper volumes. Profit from operations rose by 89.6% YoY to USD 9.10 billion, driven by impairment reversals and gains from disciplined cost control and productivity improvements. However, underlying EBITDA fell by 10.8% YoY to USD 12.40 billion, compared to USD 13.90 billion in H1FY24.

Recent Business Update

BHP has invested USD 3.2 billion in growth initiatives, including advancing Jansen Stage 1 in potash and expanding copper development projects in Chile and Argentina, aiming to diversify earnings.

The management declared an interim dividend of USD 0.50 per share, which was paid to the shareholders on 27 March 2025.

Company Outlook

BHP expects to meet its FY25 volume targets for copper (1.845–2.045 Mt), iron ore (255–265.5 Mt), and metallurgical coal, while focusing on productivity, reliability, and supply chain optimization amid inflationary and foreign exchange headwinds.

The company may benefit in the medium term from improved macroeconomic conditions in key markets like China and India, which could support higher commodity prices and enhance portfolio returns.

Top 10 Shareholders

The top 10 shareholders of BHP collectively hold about 26.75% of the company's total shares. The Vanguard Group, Inc. has the largest stake at approximately 6.0%.
State Street Global Advisors Australia Ltd. follows with a holding of around 5.03%.

Stock Information

BHP's stock price has declined by approximately 7.59% over the past month and by around 11.68% over the past six months. The stock has traded between a 52-week low of GBX 1,559.50 and a 52-week high of GBX 2,382.00, closing at GBX 1,733.50 on 19 June 2025.

Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference data for all price data, currency, technical indicators, support, and resistance levels is 19 June 2025. The reference data in this report has been partly sourced from EODHD/Others.

 Technical Indicators Defined

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.