A minor positive is expected by the Woodside transaction, BHP currently expects to receive a slightly higher net cash contribution ($1.1 billion versus $1 billion disclosed a few months ago). Learn more about BHP's performance for the nine months ended 31 March 2023. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. to incorporate the statistic into your presentation at any time. BHP has also signed an agreement with Kabanga Nickel Limited that gives it the option to increase its interest in Kabanga to 51%.Recently, Rio Tinto Group RIO reported a 6% increase in fourth-quarter iron ore production to 89.5 Mt. Rival Rio Tinto (RIO.L), (RIO.AX) on Wednesday reported lower-than-expected iron ore shipments for the three months to March end and warned of risks from sustained high inflation, a resurgence of COVID-19 lockdowns in China and a prolonged Russia-Ukraine war. As a Premium user you get access to background information and details about the release of this statistic. The company stated that unit costs at WAIO and Escondida are tracking toward the upper end of the guidance. Record levels were attained at Western . Historical production growth(f) Historical production growth of 8%CAGR demonstrates our track record of delivering. BHP Group Limited to Report First Half, 2023 Results on Feb 21, 2023. I am not receiving compensation for it (other than from Seeking Alpha). Get BHP news first. For this reason, we are maintaining our valuation with a target price of A$40 per share based on the average between an NPV model and a 2023 EV/EBITDA of 4x (in line with comps). We positively favor the latest company update on the supply chain at BHP's main facilities. The mid-point of the range indicates a year-over-year rise of 2%. Opponents have pushed back. Canadian biofuels producers are threatening to build their next projects in the United States to cash in on rich subsidies for clean fuel and stay competitive, a move that could cost Canada C$10 . Iron ore production from Western Australia came in at 66.7 million tonnes (Mt) in the three months to March 31, BHP said, lower than a consensus estimate of 70 mt compiled by Visible Alpha. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. The majority of the diesel is used in haul trucks, with a smaller share being consumed by trains and other vehicles. During the half, we delivered well on the production front, with Western Australia Iron Ore posting another record half. facts. Last year, the major offset was related to COVID-19 shortages and absenteeism, this year WAIO output was partially offset by heavy rain. Exclusive news, data and analytics for financial market professionals, Reporting by Byron Kaye and Praveen Menon in Sydney and Melanie Burton in Melbourne; editing by David Crawshaw. No new indications were mentioned during the Q1 production report, whereas Rio Tinto was pretty optimistic about THR's proposal that. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. Operational Review for the year ended 30 June 2018, Operational Review for the nine months ended 31 March 2018, Results for the half year ended 31 December 2017, Operational Review for the half year ended 31 December 2017, Operational Review for the quarter ended 30 September 2017, Operational Review for the year ended 30 June 2017, Operational Review for the nine months ended 31 March 2017, Results for the half year ended 31 December 2016, Operational Review for the half year ended 31 December 2016, Operational Review for the quarter ended 30 September 2016, Operational Review for the year ended 30 June 2016, Operational Review for the nine months ended 31 March 2016, Results for the half year ended 31 December 2015, Operational Review for the half year ended 31 December 2015, Operational Review for the quarter ended 30 September 2015, Operational Review for the year ended 30 June 2015, Republished Financial and Supplementary Information for the year ended 30 June 2014, Operational Review for the nine months ended 31 March 2015, Results for the half year ended 31 December 2014, Operational Review for the half year ended 31 December 2014, Operational Review for the year ended 30 September 2014, Operational Review for the year ended 30 June 2014, Operational Review for the nine months ended 31 March 2014, Results for the half year ended 31 December 2013, Republished financial and supplementary information for the year ended 30 June 2013 and the half year ended 31 December 2012, Operational Review for the half year ended 31 December 2013, Operational Review for the year ended 30 September 2013, Restated supplementary information for the half year ended 31 December 2012 and the year ended 30 June 2012, Operational Review for the year ended 30 June 2013, Operational Review for the nine months ended 31 March 2013, Results for the half year ended 31 December 2012, Operational Review for the half year ended 31 December 2012, Operational Review for the year ended 30 September 2012, Operational Review for the year ended 30 June 2012, Operational Review for the nine months ended 31 March 2012, Results for the half year ended 31 December 2011, Operational Review for the half year ended 31 December 2011, Operational Review for the year ended 30 September 2011, Operational Review for the year ended 30 June 2011, Operational Review for the nine months ended 31 March 2011, Results for the half year ended 31 December 2010, Operational Review for the half year ended 31 December 2010, Operational Review for the year ended 30 September 2010, Operational Review for the year ended 30 June 2010, Operational Review for the nine months ended 31 March 2010, Results for the half year ended 31 December 2009, Operational Review for the half year ended 31 December 2009, Operational Review for the year ended 30 September 2009, Operational Review for the year ended 30 June 2009, Operational Review for the nine months ended 31 March 2009, Additional information for the Financial Year ended 30 June 2006, Results for the half year ended 31 December 2008, Operational Review for the half year ended 31 December 2008, Operational Review for the year ended 30 September 2008, Operational Review for the year ended 30 June 2008, Operational Review for the nine months ended 31 March 2008, Results for the half year ended 31 December 2007, Operational Review for the half year ended 31 December 2007, Operational Review for the year ended 30 September 2007, Operational Review for the year ended 30 June 2007, Operational Review for the nine months ended 31 March 2007, Results for the half year ended 31 December 2006, Operational Review for the half year ended 31 December 2006, Operational Review for the year ended 30 September 2006, Operational Review for the year ended 30 June 2006, Operational Review for the nine months ended 31 March 2006, Results for the half year ended 31 December 2005, Operational Review for the half year ended 31 December 2005, Operational Review for the year ended 30 September 2005, Operational Review for the year ended 30 June 2005, Operational Review for the nine months ended 31 March 2005, Results for the half year ended 31 December 2004, Operational Review for the half year ended 31 December 2004, Operational Review for the year ended 30 September 2004, Operational Review for the year ended 30 June 2004, Operational Review for the nine months ended 31 March 2004, Results for the half year ended 31 December 2003, Operational Review for the half year ended 31 December 2003, Results for the quarter ended 30 September 2003, Operational review for the quarter ended 30 September 2003, Operational Review for the year ended 30 June 2003, Results for the nine months ended 31 March 2003, Operational Review for the nine months ended 31 March 2003, Results for the half year ended 31 December 2002, Operational Review for the half year ended 31 December 2002, Resultsfor the quarter ended 30 September 2002, Operational Review for the year ended 30 September 2002, Operational Review for the year ended 30 June 2002, Results for the nine months ended 31 March 2002, Operational Review for the nine months ended 31 March 2002, Resultsfor the half year ended 31 December 2001, Operational Review for the half year ended 31 December 2001, Results for the quarter ended 30 September 2001, Operational Review for the quarter ended 30 September 2001. BHPs shares have fallen 0.7% in a year compared with the industrys 7.1% decline. News release Partnership with BHP will advance the development of a world-leading low-emissions potash mine and bring strong economic benefits to the region while supporting Indigenous communities June 13, 2022 - Saskatoon, Saskatchewan This will largely, but not fully, replace the current 190 MW gas-fired plant that provides the electricity to power the mines. BHP BILLITON PRODUCTION REPORT FOR THE NINE MONTHS ENDED 31 MARCH 2012 Western Australia Iron Ore achieved record production for the nine months ended March 2012, a 22% increase on the prior corresponding period. Jan. 19, 2023, 08:26 AM. BHP Billiton Production Report for the year ended 30 June 2012 4 We continued our focus on safety and we have now had three and a half years without a fatality at BHP. Our Standards: The Thomson Reuters Trust Principles. Were proud of the valuable contribution we make to communities where we operate and to society as a whole. BHP. Learn more about how Statista can support your business. Business Solutions including all features. "The referendum as a whole will obviously depend on multiple factors but money will have a significant amount of influence" on the outcome, said Intifar Chowdhury, associate lecturer at Australian National University's school of politics and international relations. Analysts Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. We do this through our strategy to deliver long-term value and returns through the cycle. ", BHP, BHP's coal production from 2010 to 2022* (in 1,000 metric tons) Statista, https://www.statista.com/statistics/274233/coal-production-of-bhp-billiton-since-2008/ (last visited July 01, 2023), BHP's coal production from 2010 to 2022* (in 1,000 metric tons) [Graph], BHP, September 9, 2022. He has been a journalist and editor for 33 years covering everything from wars in Africa to the resources boom and its current struggles. Reuters poll graphic on Australia's Voice referendum: Reuters poll graphic on support for the Voice among top 10 Australian companies: UK, Australia and Canada want reversal of Israel approval of new West Bank settlement units, South Korea export downturn slows, trade balance swings to surplus, Pakistan clinches last-gasp $3 billion IMF bailout, Greece migrant tragedy: coastguard rope capsized boat, survivor accounts say, Britain's Harry seeking up to $560,000 in phone-hacking lawsuit, North Korea: "No intention to examine" Hyundai chief's bid to visit, UK's Sunak plans deal with Italy on Mediterranean migrants, the Telegraph reports, HDFC to merge into HDFC Bank on July 1, create Indias financial behemoth, WFP set to run out of money for food assistance to Afghans in October. BHPs total direct economic contribution for FY2022 was US$78.1 billion. Q4 2020 Production Report. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. See here for a complete list of exchanges and delays. Financial results for the half year ended 31 December 2022, Financial results for the full year ended 30 June 2022, BHP's financial results for the half year ended 31 December 2021, BHP Operational Review for the nine months ended 31 March 2023 - Release, BHP Operational Review for the nine months ended 31 March 2023 - Excel, Investor and analyst briefing transcript 1, Investor and analyst briefing transcript 2, BHP Operational Review for the half year ended 31 December 2022 - Release, BHP Operational Review for the half year ended 31 December 2022 - Excel, BHP Operational Review for the quarter ended 30 September 2022 - Release, BHP Operational Review for the quarter ended 30 September 2022 - Excel, Shareholder Q&A - Thursday 8 September 2022, Financial results and Operational Reviews, Climate change engagement, disclosure and reporting, Operational (Scope 1 and 2) decarbonisation, Value chain (Scope 3) greenhouse gas emissions, Carbon offsets and natural climate solutions, Our Global Inclusion and Diversity Council, Investor and analyst Q&A teleconference transcript, UK and South African investor and analyst briefing transcript, Investor and analyst briefing transcript - Sydney, Investor and analyst briefing transcript -London, Investor and analyst briefing transcript - London, Creation of new global metals and mining company. REUTERS/Loren Elliott/File Photo, People are favouring investments that "deliver positive outcomes for society", said Ross Piper, CEO of superannuation at Australian Ethical Investment (AEF.AX). I wrote this article myself, and it expresses my own opinions. Note: We do not offer technical support for developing or debugging scripted downloading processes. About half declined to state a position because they had not finalised a stance or did not see it as their role to participate in politics. Stay in touch with the latest news, stories and insights from BHP. See here for a complete list of exchanges and delays. Commonwealth Bank told Reuters it plans to fund the "Yes" campaign and had hosted two panel discussions with Indigenous speakers. BHP is . Widgie Nickel reports high-grade nickel results at Munda, including 12.46m @ 2.05% Ni from 329.6m. China announced late on Friday that a series of fuel blending components would be subject to consumption tax with immediate effect, according to a joint statement of the Ministry of Finance and the State Taxation Administration. BHP Group (BHP) reports a 2% increase in iron ore production in the year ended Jun 30, 2021 driven by record production at Western Australia Iron Ore operations. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. See here for a complete list of exchanges and delays. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Learn more about BHP's performance for the first half of the FY23 financial year. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Chart. Learn more about our achievements and financial, economic, social and environmental performance in BHPs Annual, Economic Contribution, Sustainability and Climate Change reports. CALM has a trailing four-quarter earnings surprise of 15.3%, on average. Furthermore, key metrics imply that BHP . The headline news is that BHP believes it will reduce its Scope 1 and 2 emissions, which cover the production process, by at least 30% by 2030 from 2020 levels, and then reach net-zero by 2050. Converting BHP's iron ore mines to run on renewable electricity will involve a major investment in solar, wind and battery storage, with the company estimating it will need up to 200 megawatts (MW) each of wind and solar and storage of 150 MW. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. After a 30% decline in the stock price, today we reaffirm our neutral rating on the Australian mining corporation, but we also highlight the company's ability on FCF generation and the tasty dividend per share. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Archive of BHP results and operational reviews to download. Profit from the additional features of your individual account. Adverse weather conditions at a ten-year record and labor shortages were the key negative catalysts. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. How involved mining companies can, or should be, in reducing Scope 3 emissions is another debate. We succeed through the partnerships we build with our suppliers. Praveen leads a team of reporters covering companies and financial news in Australia and New Zealand. BHP Group's BHP iron ore production improved 2% year over year to 132 Mt in the first half of fiscal 2023 (ended Dec 31, 2023). We mitigated the impacts of COVID-19 and significant adverse weather events to turn in a solid operational performance.We have announced an interim dividend of US$1.50 per share, bringing total shareholder returns to more than US$22 billion over the past 18 months. Available: https://www.statista.com/statistics/1173309/petroleum-production-of-bhp/, BHP's petroleum production in 2019 and 2021, by product type*, Immediate access to statistics, forecasts & reports, Combined revenue of the top mining companies 2005-2022, Distribution of copper production worldwide 2022, by producer, Distribution of nickel production worldwide 2022, by producer, Most valuable Australian brands 2021, by brand value, BHP's global number of employees 2015-2022, BHP's number of employees by region 2021-2022, BHP's Petroleum segment revenue 2017-2021, BHP's petroleum production by type 2019 & 2021, 2023 list of global top mining companies based on net income, Leading mining companies worldwide by brand value 2022, Crude oil pipeline throughput for Indian Oil Corporation FY 2015-2022, U.S. industrial petroleum price by select state 2017, Sales volume IOCL FY 2015-2022, by market type, Refinery throughput of Indian Oil Corporation FY 2015-2022, Pipelines throughput for Indian Oil Corporation FY 2015-2020, Pipeline network of Indian Oil Corporation FY 2015-2022, Petroleum, coal, chemical industry gross value added Australia 2012-2021, Share of petroleum products and natural gas consumption in Egypt 2019/2020, by sector, Market penetration fuel ethanol Japan 2013-2022, Forecast: sales value petroleum lubricating oil and grease manufacture Mexico 2009-2020, Production volume of petrochemical products UAE 2010-2016, Turkey: refined petroleum products manufacturers 2009-2014, Belgium: refined petroleum products manufacturers 2016-2020, Find your information in our database containing over 20,000 reports. Supporters say the Voice would help heal the wounds dating back to colonisation. This will increase BHPs stake in Kabanga to 14.3%. The latest rumors estimated a 5 billion financial impact, but BHP has still not disclosed any numbers. Throughout this report, unless otherwise stated, production volumes refer to BHP Billiton's share and exclude suspended and sold operations.