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BHP Rockets to $4.4B Profit, Cuts Dividend as Copper Drives Growth

8:21am on Tuesday 18th of February, 2025 AEDT Mining
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BHP Rockets to $4.4B Profit, Cuts Dividend as Copper Drives Growth

8:21am on Tuesday 18th of February, 2025 AEDT
Key Points
  • Profit after tax soared 376% to US$4.4 billion
  • Revenue declined 8% to US$25.2 billion due to lower iron ore prices
  • Interim dividend cut to 50 US cents per share from 72 cents
  • Copper production up 10%, contributing 39% to underlying EBITDA
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