BHP Group Files Routine 6-K Compliance Report

TL;DR

**BHP Group filed a standard 6-K on February 15, 2024, for regulatory compliance, with no new material news.**

AI Summary

BHP Group Limited, a foreign private issuer, submitted a routine Form 6-K to the United States Securities and Exchange Commission on February 15, 2024. This filing indicates compliance with reporting requirements under the Securities Exchange Act of 1934, specifically Rule 13a-16 or 15d-16. The document itself is a header and does not contain specific news, financial results, or material events.

Why It Matters

This filing is a standard regulatory compliance document for foreign private issuers, indicating BHP Group Limited is meeting its reporting obligations to the SEC, but it does not contain new material information.

Risk Assessment

Risk Level: low — The filing is a routine regulatory compliance document and does not disclose any new material events or financial information that would alter the company's risk profile.

Key Players & Entities

• BHP Group Limited (company) — registrant
• United States Securities and Exchange Commission (company) — regulatory body
• February 15, 2024 (date) — filing date
• Rule 13a-16 (regulation) — filing basis
• Rule 15d-16 (regulation) — filing basis
• Securities Exchange Act of 1934 (regulation) — governing act

FAQ

Key Financial Figures

• $2.5 billion — sh impairment charge of approximately US$2.5 billion (post tax) (approximately US$3.5 billio
• $3.5 billion — 2.5 billion (post tax) (approximately US$3.5 billion pre-tax) against the carrying value of
• $0.3 b — kels net operating assets to negative US$0.3 billion, including closure and rehabilita
• $0.9 billion — ilitation provisions of approximately US$0.9 billion. BHP will also record Underlying EBITDA
• $0.2 billion — ying EBITDA of approximately negative US$0.2 billion at Western Australia Nickel in the HY24
• $3.2 billion — cognise an income statement charge of US$3.2 billion (post tax) (approximately US$3.1 billio
• $3.1 billion — 3.2 billion (post tax) (approximately US$3.1 billion pre-tax) in relation to the Samarco dam
• $6.5 billion — n for the Samarco dam failure will be US$6.5 billion as at 31 December 2023. As disclosed
• $3.7 b — co dam failure as at 30 June 2023 was US$3.7 billion, of which US$0.3 billion was util
• $0.3 billion — une 2023 was US$3.7 billion, of which US$0.3 billion was utilised in the period to 31 Decemb
• $155 billion — secution Office on 3 May 2016, seeking R$155 billion (approximately US$32 billion) for repar
• $32 billion — seeking R$155 billion (approximately US$32 billion) for reparation, compensation and moral
• $47.6 billion — lective moral damages in the amount of R$47.6 billion (US$9.75 billion) (to be adjusted for i
• $9.75 billion — ages in the amount of R$47.6 billion (US$9.75 billion) (to be adjusted for interest and infla
• $34.8 billion — ation. The Renova Foundation has spent R$34.8 billion (approximately US$7.2 billion) on compr

Filing Documents

• d755353d6k.htm (6-K) — 38KB
• g755353001.jpg (GRAPHIC) — 7KB
• 0001193125-24-036985.txt ( ) — 49KB

Financial Statements, note 4 Significant events Samarco dam failure on page 144 of the 2023 Annual Report

Financial Statements, note 4 Significant events Samarco dam failure on page 144 of the 2023 Annual Report. Developments for HY24 The Federal Public Prosecution Office Claim is a claim brought against Samarco Mineração S.A. ( Samarco ), BHP Billiton Brasil Ltda ( BHP Brasil ) (a subsidiary of BHP Group Limited) and Vale S.A. ( Vale ) by the Brazilian Federal Public Prosecution Office on 3 May 2016, seeking R$155 billion (approximately US$32 billion) for reparation, compensation and moral damages in relation to the Samarco dam failure ( Federal Public Prosecution Office Claim ). As at 30 June 2023, the provision for the Samarco dam failure only reflected the future cost estimates associated with the delivery of the programs under the Framework Agreement to provide reparation and compensation. In the 2023 Annual Report, BHP also disclosed a contingent liability in relation to the Federal Public Prosecution Office Claim given that it was not possible to reliably estimate the potential outcomes of the claim beyond the estimated costs of completing the programs under the Framework Agreement. Since 30 June 2023: Samarco, Vale and BHP Brasil have been engaging in negotiations with the Brazilian State and Federal Government and other public entities to seek a settlement of obligations under the Framework Agreement, the Federal Public Prosecution Office Claim, and other claims by government entities relating to the Samarco dam failure; and as previously disclosed, on 25 January 2024, the Federal Court of Brazil issued a decision in relation to the Federal Public Prosecution Office Claim quantifying collective moral damages arising from the Samarco dam failure. The decision found that Samarco, Vale and BHP Brasil are jointly and severally liable to pay collective moral damages in the amount of R$47.6 billion (US$9.75 billion) (to be adjusted for interest and inflation) when any and all appeals are finally determined. On 1 February 2024, Samarco, Vale a

Forward-looking statements

Forward-looking statements This release contains forward-looking statements, which involve risks and uncertainties. Forward-looking statements include all statements other than statements of historical or present facts, including: statements regarding: trends in commodity prices and currency exchange rates; demand for commodities; global market conditions, guidance; reserves and resources and production forecasts; expectations, plans, strategies and objectives of management; our expectations, commitments and objectives with respect to social value or sustainability; approval of certain projects and consummation of certain transactions; closure or divestment of certain assets, operations or facilities (including associated costs or benefits); anticipated production or construction commencement dates; capital expenditure or costs and scheduling; operating costs; anticipated productive lives of projects, mines and facilities; provisions and contingent liabilities; and tax, legal and other regulatory developments.

Forward-looking statements may be identified by the use of terminology, including, but not limited to, intend, aim,

Forward-looking statements may be identified by the use of terminology, including, but not limited to, intend, aim, ambition, aspiration, goal, target, prospect, project, see, anticipate, estimate, plan, objective, believe, expect, commit, may, should, need, must, will, would, continue, forecast, guidance, outlook, trend or similar words. These statements discuss future expectations or performance, or provide other forward-looking information. Forward-looking statements are based on managements expectations and reflect judgements, assumptions, estimates and other information available, as at the date made. BHP cautions against reliance on any forward-looking statements. These statements do not represent guarantees or predictions of future financial or operational performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control and which may cause actual results to differ materially from those expressed in the statements contained in this release. For example, our future revenues from our assets, projects or mines described in this release will be based, in part, on the market price of the commodities produced, which may vary significantly from current levels. These variations, if materially adverse, may affect the timing or the feasibility of the development of a particular project, the expansion of certain facilities or mines, or the continuation of existing assets. In addition, there are limitations with respect to scenario analysis, and it is difficult to predict which, if any, of the scenarios might eventuate. Scenario analysis is not an indication of probable outcomes and relies on assumptions that may or may not prove to be correct or eventuate. Other factors that may affect the actual construction or production commencement dates, revenues, costs or production output and anticipated lives of assets, mines or facilities include our ability to profitably produce and deliver the products extracted to

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BHP Group Limited Date: February 15, 2024 By: /s/ Stefanie Wilkinson Name: Stefanie Wilkinson Title: Group Company Secretary

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View this 6-K filing on SEC EDGAR