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BHP Earnings Fall As Iron Ore Prices Pressure Market Leader To Slash Dividend
On Tuesday, BHP (NYSE:BHP) reported half-year earnings (concluding on December 31, 2024) of $5.08 billion, down 23% from the year earlier. The result is unsurprising, as the iron ore market has been going through a challenging period.
Still, CEO Mike Henry acknowledged the firm's strength in this part of the market cycle.
"The strength of the result demonstrates BHP's operational resilience and its ability to perfor...
>>> Read more: BHP Earnings Fall As Iron Ore Prices Pressure Market Leader To Slash Dividend
On Tuesday, BHP (NYSE:BHP) reported half-year earnings (concluding on December 31, 2024) of $5.08 billion, down 23% from the year earlier. The result is unsurprising, as the iron ore market has been going through a challenging period.
Still, CEO Mike Henry acknowledged the firm's strength in this part of the market cycle.
"The strength of the result demonstrates BHP's operational resilience and its ability to perfor...
>>> Read more: BHP Earnings Fall As Iron Ore Prices Pressure Market Leader To Slash Dividend
