Mining News

BHP announces major changes, along with stellar results

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Diversified miner BHP has reported an 80% increase in profit for the 2021 financial year, along with a 69% increase in underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) when compared with the previous financial year.

“BHP’s performance over the past year illustrates the strength of our portfolio, balance sheet, people and performance culture. Including the record dividend announced today of $2 per share, we have returned over $15-billion to shareholders over the past year,” said chairperson Ken MacKenzie.

Profis from operations in this financial year increased from the $14.4-billion announced in 2020, to $25.9-billion, while underlying Ebitda increased from $22-billion to $37.3-billion.

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