BHP ltd : After a robust FY2023-24, set for a FY2024-25 softer than expected, copper and strong cashflow remain in support
>Solid Q4 production but costs a shade higher than anticipated - BHP yesterday reported solid Q4 2023-24 production figures (to 30 June) that allowed it to comfortably achieve its full-year targets (cf. First Take published yesterday). Notably, the two main divisions WAIO (66% EBITDA FY 2023-24e) and Copper (28% EBITDA) posted record production, recompensing the work carried out in recent years to improve their performance regularity. Met Coal also turned things aroun...BHP Billiton is a global resources company. Co. operates under a Dual Listed Company (DLC) structure, which consists of the BHP Billiton Limited Group and the BHP Billiton Plc Group, operating as a single economic entity. As of June 30 2017, Co. operated four reportable segments: Petroleum, which is involved in the exploration, development and production of oil and gas; Copper, which is involved in the mining of copper, silver, lead, zinc, molybdenum, uranium and gold; Iron ore, which is involved in the mining of iron ore; and Coal, which is involved in the mining of metallurgical coal and thermal (energy) coal.
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