18
Aug
10:13
High prices see BHP deliver strong fiscal-year earnings
Australian mining giant BHP Group significantly improved its financial results in the fiscal year ended on 30 June (FY21) thanks to higher commodity prices, as well as record production at its Western Australia Iron Ore (WAIO) operations.
Supported by an Ebitda margin of 64%, up from 53% the previous year, the firm’s underlying Ebitda surged 69% year-on-year to $37.38 billion in FY21, Kallanish notes from its official report. Annual attributable profit stood…
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Anonymous
Very good overview of the weekly steel market.
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