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Jul 21 2021
BHP Group s production performance impressed in the June quarter as the iron ore division continued its stellar run. Yet, what will garner attention when the iron ore price inevitably falls?
-Focus on capital management and divestments likely at the August results
-Fundamental support continues for the share price, yet is the upside limited?
-Is BHP Group planning to accelerate the exit from fossil fuels?
By Eva Brocklehurst
Upside for BHP Group ((BHP)) earnings in FY22 is predicated on the trajectory of iron ore prices, which continue to defy expectations and remain at record highs. Outside of iron ore, there is a noted softening in guidance for copper and coal.
BHP Billiton met its production targets for copper, iron ore, coking coal and nickel in fiscal year 2021_SMM metal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metal.com Daily Mail and Mail on Sunday newspapers.