BHP Group Ltd Files Form 6-K

TL;DR

BHP Group Ltd filed a 6-K on 7/30/24, just standard corporate info.

AI Summary

BHP Group Limited filed a Form 6-K on July 30, 2024, reporting its status as a foreign private issuer. The filing confirms its incorporation in Victoria, Australia, and provides its principal executive office address in Melbourne. It also notes previous name changes from Broken Hill Proprietary Co Ltd and BHP Billiton Ltd.

Why It Matters

This filing is a routine disclosure for foreign private issuers, confirming their reporting status and basic corporate information to the SEC.

Risk Assessment

Risk Level: low — This is a routine administrative filing with no new financial or operational information that would typically impact risk.

Key Players & Entities

• BHP Group Limited (company) — Registrant
• Victoria, Australia (location) — Jurisdiction of incorporation
• 171 Collins Street, Melbourne, Victoria 3000 Australia (location) — Principal executive offices
• Broken Hill Proprietary Co Ltd (company) — Former company name
• BHP Billiton Ltd (company) — Former company name

FAQ

Key Financial Figures

• $9.3 b — spend is expected to be approximately US$9.3 bn, below full year guidance of ~US$10 bn
• $10 b — $9.3 bn, below full year guidance of ~US$10 bn, primarily driven by favourable FX and
• $50 m — vant, unless otherwise noted. iii A US$50 m deposit was received during H1 FY24. Fo
• $3.98 — 45 2,045 kt Average realised price US$3.98/lb 9% FY23 US$3.65/lb Total copper
• $3.65 — alised price US$3.98/lb 9% FY23 US$3.65/lb Total copper production increased 9
• $101.04 — 55 265.5 Mt Average realised price US$101.04/wmt 9% FY23 US$92.54/wmt Iron ore p
• $92.54 — ised price US$101.04/wmt 9% FY23 US$92.54/wmt Iron ore production increased 1% t
• $266.06 — 16.5 19 Mt Average realised price US$266.06/t 2% FY23 US$271.05/t BMA 22.3 Mt
• $271.05 — lised price US$266.06/t 2% FY23 US$271.05/t BMA 22.3 Mt 23% | 44.6 Mt (100% ba
• $121.52 — 5e 13 15 Mt Average realised price US$121.52/t 49% FY23 US$236.51/t NSWEC 15.4
• $236.51 — ised price US$121.52/t 49% FY23 US$236.51/t NSWEC 15.4 Mt 8% Production incre
• $18,197 — arch 2024. Average realised price US$18,197/t 24% FY23 US$24,021/t On 11 July 2
• $24,021 — lised price US$18,197/t 24% FY23 US$24,021/t On 11 July 2024, we announced the te
• $300 m — temporary suspension, we will invest ~US$300 m per annum in the facilities to enable a
• $0.3 b — further non-cash impairment charge of US$0.3 bn (pre-tax) as an exceptional item in th

Filing Documents

• d871158d6k.htm (6-K) — 1289KB
• g871158dsp12.jpg (GRAPHIC) — 2KB
• g871158g52w22.jpg (GRAPHIC) — 2KB
• g871158st_3b.jpg (GRAPHIC) — 1KB
• g871158st_5a.jpg (GRAPHIC) — 2KB
• g871158up.jpg (GRAPHIC) — 1KB
• 0001193125-24-188292.txt ( ) — 1302KB

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 30 July 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 17 July 2024 Operational review for the year ended 30 June 2024 Strong operational performance with record iron ore production and highest copper production in over 15 years. We finished the year with a strong fourth quarter, achieving several production records and we are meeting current production and unit cost guidance for all commodities. WAIO continued its strong performance, delivering a second consecutive year of record production on the back of ongoing incremental improvements along its supply chain as we progress toward our medium-term goal of increasing production to greater than 305 Mtpa. We achieved a strong performance across our copper business globally, underpinned by the highest production in four years at Escondida and another year of record production from Spence in Chile. Successful integration at Copper South Australia has delivered additional production tonnes, and exceeded the annualised synergies planned at the time of the OZL acquisition. We successfully completed the sale of the Blackwater and Daunia metallurgical coal operations on 2 April 2024. After a challenging year at BMA, we have plans in place to increase production to between 43 and 45 Mtpa (100%) in the next five years. We continued to execute against our strategy, progressing growth options in the commodities the world needs to meet the demands of the energy transition and population growth. This includes our Jansen potash mine in Canada, where construction of Stage 1 is now more than 50% complete and Stage 2 is underway. We will see first production in 2026 and will be a major global producer of potash by the end of the decade. On 11 July we announced the temporary suspension of our Western Australia Nickel operations from October 2024 as a result of an oversupply in the global nickel market and protracted low nickel prices. Mike Henry BHP Chief Executive Officer Summary Operational excellence Financial performance Record production at WAIO and Spence Strong prices in key commodities FY24 production guidance achieved for all commodities, with metallurgical coal achieving the upper end of its revised guidance. Record production at WAIO, Spence and Carrapateena and the highest production in four years at Escondida. Average realised prices for copper and iron ore were higher in FY24, while metallurgical coal prices remained relatively stable, and nickel and energy coal prices were lower. Total copper production increased 9% and is expected to increase a further 4% in FY25. 1 Unit cost guidance for FY24 is expected to be met at Escondida, WAIO and Spence, and revised unit cost guidance is expected to be met at BMA. Portfolio Decarbonisation Executing our strategy Progress on Scope 1, 2 and 3 emissions We completed the divestment of Blackwater and Daunia, and commenced construction of Jansen Stage 2, with Jansen Stage 1 now >50% complete. We also completed the scheduled ramp up of both South Flank to full production capacity of 80 Mtpa (100% basis) and the Carrapateena Crusher 2 project. We held an investor roundtable to provide an update on our decarbonisation progress, including our collaborations to trial battery electric haul trucks in the Pilbara and investigate a pilot electric smelting furnace (ESF). Production Quarter performance YTD performance Production guidance Q4 FY24 v Q3 FY24 v Q4 FY23 FY24 v FY23 FY24 guidance FY25 guidance FY25e v FY24 (actual) Copper (kt) 504.9 8 % 6 % 1,865.2 9 % 1,720 1,910 1,845 2,045 (1%) 10% Escondida (kt) 309.2 7 % 6 % 1,125.3 7 % 1,080 1,180 1,180 1,300 5% 16% Pampa Norte (kt) i 65.9 7 % (4 %) 265.6 (8 %) 210 250 i 240 270 i

View Full Filing

View this 6-K filing on SEC EDGAR