Business

BHP focuses on organic growth as interim profit slips

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CEO Mike Henry says it has become increasingly challenging to do large M&A for value

18 February 2025 – 11:31

by Jacob Webster

Mining group BHP reported a 23% decline in profit for the first half as an increase in copper, iron ore and steelmaking coal sales was offset by low iron ore and steelmaking coal prices. 

The company delivered an improved operational performance, with copper production increasing by 10% year on year in the six months to end-December. ..

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