BHP Group Reports Strong Production and Strategic Divestments

BHP Group Ltd (BHPLF) has released an update.

BHP Group Ltd has reported solid operational performance with a 10% increase in copper production, driven by strong production at Spence and improved grades at Escondida. The company has divested its Blackwater and Daunia mines for up to $4.1 billion, streamlining its coal business and focusing on higher quality metallurgical coal. Despite challenges including wet weather and operational issues, BHP remains on track to meet its annual production goals and continues to invest in expansions and improvements across its operations.

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