BHP’s Post

🔍 Attention BHP Group Ltd investors! Get a firsthand look at what's expected in the forthcoming quarterly report with our exclusive preview. With copper production and metallurgical coal expected to show promising figures, while nickel and iron ore shipments may indicate a cautious approach, it’s a critical time to assess BHP's position in your portfolio. Financial experts are signaling a 'buy' with attractive returns on the horizon. Keep a close eye on these metrics to make informed investment decisions! #BHPGroup #QuarterlyUpdate #InvestmentInsights #StockMarket #MiningIndustry ➡️ Dive into the full analysis: https://lnkd.in/gycE6j49

BHP Group sets production records for iron ore in FY24, surpassing expectations. CEO Mike Henry highlights robust performance and strategic sales, despite challenges in the nickel market. BHP’s strong financial health and market presence promise continued growth. Visit: https://lnkd.in/gKUYJNHw #BHP #IronOre #Copper #ProductionRecords #MiningIndustry #FinancialGrowth #Resources #GlobalEconomy #BusinessNews #StockMarket #Investing #NaturalResources #Sustainability #EconomicGrowth #IndustryLeaders

Legacy Iron Ore Limited Assess the financial implications of Legacy Iron's promising gold drilling results at the Patricia North prospect and their impact on fiscal health. Read More https://lnkd.in/gv7gQNA2 #GoldExploration, #financialPerformance, #profitability

Fenix Resources: Pioneering Profitability in Iron Ore Amid Global Challenges - Strong performance of Fenix's Iron Ridge mine. - Effective management leading to significant profits. - Expansion and diversification of logistics and mining operations. - Strategic positioning for future market success. Fenix Resources, under John Welborn's leadership, ended 2023 strongly with their Iron Ridge mine in Western Australia. Despite global challenges, the company managed to generate substantial profits, largely due to high iron ore prices. Their strategy includes expanding logistics operations and exploring new mining opportunities, which have positioned them well for continued success. With a focus on efficiency and growth, Fenix is set to diversify and strengthen its market position. https://bit.ly/3vVgfar #FenixResources #IronOreMining #StrategicGrowth #MiningSuccess #MarketLeadership #ResourceManagement #MiningInnovation #EconomicResilience #GlobalMining #BusinessStrategy

Industry Alert: #BHP Group Ltd is in the headlines once again as the clock ticks nearer to the deadline for its dynamic takeover bid for #AngloAmerican. Shares are on the rise, up 2.2% fueled by the surge in copper and iron ore market prices.📈 After an initial rejection of a $60 billion offer and a subsequent increase to $64 billion, the anticipation builds on what step BHP will take next. Will this deal cement BHP’s position in the copper industry, or will Anglo American's divesting strategy change the game? Investors and market analysts alike are watching to see if BHP will indeed put forth a third offer before the 5 pm UK deadline this Wednesday. The strategic moves in this high-stakes scenario could significantly influence both companies' futures and the broader global mining sector.🌐 🔗 Read more about the unfolding developments and the potential impact on shareholders: https://lnkd.in/gjteCyNw #MiningIndustry #GlobalEconomy #CorporateTakeover #InvestmentNews #StrategicMoves #ResourceMarket

Have decided to release a rough valuation of Red Hill Minerals early after the special dividend of $1.50 was declared, the $200m milestone payment along with the unexpected price response. Have done a sensitivity analysis on scenarios on changes to discount rate / cost of capital, Iron Ore price (AUD) and if MinRes decides to upscale the tonnes processed per annum to 50 or 75 mtpa. (anything is possible with Chris Ellison). Hope you like the scenario modelling as it was a bit of effort. Seems there are many dividend investors wanting to chase the yield of 19% (1.50/7.80) even though the price will fall once the dividend is paid. Slightly overvalued now from my valuation but that is my opinion. Using 8% discount per year is aggressive given MinRes is a Tier 1 resource company. Personally I don't like Iron Ore companies especially when stories from economists such as Saul Eslake tell everyone there will be a supply shock from Simandou located in conflict-ridden Guinea of all places that will decimate the Iron Ore price. However, I saw it differently when I noticed the valuation gap ($4.50 vs $7.10) was very compelling especially when a royalty is almost risk free (unless MinRes goes bust). Even at an Iron ore price of $85 USD (or 100 AUD), downside seemed minimal when the price was $4.50 last year. Sometimes you need to drown out the noise to get the big picture Not advice.

Corporate Earnings Report Wheaton Precious Metals Wheaton Precious Metals quarterly total revenue +33% to $313.0 mln vs $285.8 mln expected. Adjusted EPS at $0.36 vs. $0.33 expected. The company press-release states, “Production amounted to 174,200 gold equivalent ounces, an increase of 22% relative to the comparable period of the prior year, with gold production increasing 64%.” — see the report.

In my newsletter this week, I covered the second half of a two-part series on the copper industry. I identified which metal producer has the most upside given copper's catalysts. Below are a few key points I touched on: - Metal producers have seen significant increases in their respective share prices over the past year due to copper’s increase in price, among other factors - However, I believe BHP is primed for future growth due to its acquisition low-cost asset portfolio, acquisition of OZ Minerals, and ability to allocate capital effectively - Both its copper and iron ore assets operate at some of the lowest per-unit costs in the industry - Through its acquisition of copper assets last year, it has bolstered its asset portfolio, enhanced its value chain, and maintained an ROCE above 16% for the past 5 years - It has also shown effective capital allocation as it has made strategic asset dispositions and continued to pay down net debt all while providing value to shareholders in the form of ordinary and special dividends - I see BHP as being a company that is undervalued based on its P/E and EV/EBITDA multiples and has future upside, particularly given its exposure to copper. I have a 1-year price target of USD$65 per share with a potential upside of 13% based on Wednesday’s closing price of USD$57.39 per share Click the link below to read my full analysis! https://lnkd.in/gr89rSgZ

What a great initiative! There are so many positives to come from this in the future: - a huge reduction in carbon emmissions - a more resilient and self sufficient Australian steel manufacturing industry - demonstration of what’s achievable through partnerships between these juggernauts

Critical to successful outcomes in the #energytransition will be the ability to #collaborate with suppliers, competitors and offtakers. New skills for many.