BHP Group Ltd Files Form 6-K

TL;DR

BHP Group Ltd filed a 6-K on 4/18/24, confirming its Aussie base and previous names.

AI Summary

BHP Group Limited filed a Form 6-K on April 18, 2024, reporting its status as a foreign private issuer. The filing confirms its jurisdiction of incorporation as Victoria, Australia, with its principal executive offices located at 171 Collins Street, Melbourne. BHP Group Limited previously operated under the names BHP Billiton Ltd and BHP Ltd.

Why It Matters

This filing is a routine administrative update for BHP Group Ltd, confirming its corporate structure and reporting status to the SEC.

Risk Assessment

Risk Level: low — This is a standard administrative filing with no new financial or operational information that would indicate increased risk.

Key Players & Entities

• BHP Group Limited (company) — Registrant
• Victoria, Australia (location) — Jurisdiction of incorporation
• 171 Collins Street, Melbourne (location) — Principal executive offices
• BHP Billiton Ltd (company) — Former company name
• BHP Ltd (company) — Former company name

FAQ

Key Financial Figures

• $4.1 b — mines on 2 April for a total of up to US$4.1 bn (100%). In Canada, the Jansen Stage
• $119 — dance 1 for BMA has been increased to US$119/t US$125/t. BMA now has a more focused
• $125 — or BMA has been increased to US$119/t US$125/t. BMA now has a more focused operatio
• $3.72 — 20 1,910 kt Average realised price US$3.72/lb 5% HY24 US$3.66/lb Total copper
• $3.66 — ealised price US$3.72/lb 5% HY24 US$3.66/lb Total copper production increased b
• $104.53 — 54 264.5 Mt Average realised price US$104.53/wmt 3% HY24 US$103.70/wmt Total iro
• $103.70 — ised price US$104.53/wmt 3% HY24 US$103.70/wmt Total iron ore production decrease
• $272.09 — 1.5 22.5 Mt Average realised price US$272.09/t 6% HY24 US$266.43/t BMA 17.4 Mt
• $266.43 — alised price US$272.09/t 6% HY24 US$266.43/t BMA 17.4 Mt 16% | 34.7 Mt (100% bas
• $110 — o between US$119/t and US$125/t, from US$110 US$116/t. Energy coal Production
• $116 — n US$119/t and US$125/t, from US$110 US$116/t. Energy coal Production 11.6 Mt
• $120.97 — 4e 13 15 Mt Average realised price US$120.97/t 6% HY24 US$123.29/t NSWEC 11.6 Mt
• $123.29 — alised price US$120.97/t 6% HY24 US$123.29/t NSWEC 11.6 Mt 23% Increased produ
• $18,104 — 4e 77 87 kt Average realised price US$18,104/t 1% As announced in our HY24 result
• $18,602 — e FY24 results in August 2024. HY24 US$18,602/t Quarterly performance | Q3 FY24 v Q

Filing Documents

• d789599d6k.htm (6-K) — 1261KB
• g789599dsp12.jpg (GRAPHIC) — 2KB
• g789599g52w22.jpg (GRAPHIC) — 2KB
• g789599st_3b.jpg (GRAPHIC) — 1KB
• g789599st_5a.jpg (GRAPHIC) — 2KB
• g789599up.jpg (GRAPHIC) — 1KB
• 0001193125-24-099901.txt ( ) — 1273KB

From the Filing

Form 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 April 18, 2024 BHP GROUP LIMITED (ABN 49 004 028 077) (Exact name of Registrant as specified in its charter) VICTORIA, AUSTRALIA (Jurisdiction of incorporation or organisation) 171 COLLINS STREET, MELBOURNE, VICTORIA 3000 AUSTRALIA (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:Form 20-FForm 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:YesNo If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a 18 April 2024 Operational review for the nine months ended 31 March 2024 Solid operational performance in copper, iron ore and energy coal. We remain on track to meet copper, iron ore and energy coal production for the year. Copper volumes have increased by 10 per cent reflecting strong performance and additional tonnes from Copper South Australia, record year-to-date performance from Spence, and improved grades and production at Escondida. Western Australia Iron Ore, the lowest cost iron ore producer globally, delivered another consistent period of production despite heavy rainfall. We continue to invest in improvements to our rail and port operations, which are essential for growth in the medium term to 305 million tonnes per annum and beyond. At our BMA metallurgical coal operations in Queensland, significant wet weather including the impact of two tropical cyclones and operational challenges impacted production and unit costs, and we have revised guidance for the year. We successfully completed the sale of the Blackwater and Daunia mines on 2 April for a total of up to US$4.1 bn (100%). In Canada, the Jansen Stage 1 project remains ahead of its initial schedule and is now 44 per cent complete. In Western Australia, we expect to announce a decision on the future of our nickel business in the coming months, where efforts to optimise operations and preserve value are underway. Mike Henry BHP Chief Executive Officer Summary Operational performance Portfolio Copper production increased 10% Completed sale of Blackwater and Daunia Increased copper production driven by record production at Spence, strong operational performance at Copper South Australia (and the contribution from Prominent Hill and Carrapateena), and improved performance and grade at Escondida. We completed the strategic reshaping of our metallurgical coal business with the divestment of BHP Mitsubishi Alliances (BMA) Blackwater and Daunia mines to Whitehaven Coal on 2 April for a total cash consideration of up to US$4.1 bn (100%). FY24 production guidance for BMA has been lowered to 21.5 22.5 Mt (43 45 Mt at 100%). Other updates to FY24 production guidance are reflected in the table below. FY24 unit cost guidance 1 for BMA has been increased to US$119/t US$125/t. BMA now has a more focused operational footprint and a greater portion of higher quality metallurgical coal (>85%) which is expected to achieve higher relative margins in a decarbonising world. ESG Governance MSCI upgrade Board update In March 2024, ESG ratings provider MSCI upgraded BHPs overall company score based on their assessment of performance under the Social Pillar. This reflects the progress made in Brazil, including in negotiations, and our commitment to deliver full and fair remediation and compensation. In March, we announced the appointment of Ross McEwan and Don Lindsay as Non-executive Directors, effective 3 April 2024 and 1 May 2024 respectively. We also announced the retirement of Ian Cockerill as a Non-executive Director, effective 4 April 2024. Production Quarter performance YTD performance FY24 production guidance Q3 FY24 v Q2 FY24 v Q3 FY23 YTD Mar FY24 v YTD Mar FY23 Previous Current Copper (kt) 465.9 7 % 15 % 1,360.3 10 % 1,720 1,910 1,720 1,910 Escondida (kt) 288.2 13 % 15 % 816.1 7 % 1,080 1,180 1,080 1,180 Unchanged Pampa Norte (kt) 61.6 3 % (16 %) 199.7 (9 %) 210 250 i 210 250 i Upper end Copper South Australia (kt) 79.0 (4 %) 53 % 232.7 49 % 310 340 310 340 Unchanged Antamina (kt) 33.9 (14 %) 15 % 105.6 4 % 120 140 120 140 Unchanged Carajás (kt) 3.2 7

View Full Filing

View this 6-K filing on SEC EDGAR