BHP Group (BHP) Releases Financial Results

BHP Group Limited (NYSE:BHP) is one of the Best Mining Stocks to Buy According to Hedge Funds. On August 19, the company released financial results for the year ended 30 June 2025, which were characterized by record production, continued sector-leading margins, and disciplined capital allocation. BHP Group Limited (NYSE:BHP) stated that copper production surpassed 2 Mt for the first time, reflecting a rise of 28% over the past 3 years. The company maintained its position as the world’s lowest-cost major iron ore producer at WAIO, where it delivered 290 Mt (a new production record).

In each of the upcoming 2 years, BHP Group Limited (NYSE:BHP) expects to spend US$11 billion in capital and exploration, reducing to US$10 billion on average each year over FY 2028 and FY 2030. Furthermore, the Jansen project in Canada is projected to deliver its first potash production by mid-2027. BHP Group Limited (NYSE:BHP) remains well-placed to deliver value through the cycle, thanks to the diversified portfolio of large, long-life assets, disciplined low-cost operations as well as a strong balance sheet.

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Disclosure: None. This article is originally published at Insider Monkey.