BHP cuts interim dividend but remains bullish on macro conditions

The Big Australian's interim profits have tumbled on the back of lower iron ore prices and higher costs, although recent conditions point to a stronger full year

February 21, 2023

by Alex Hamer

Dividend cut after last year’s record highs
Earnings down on weaker iron ore and copper prices

The mining world has crested the hump of pre-inflation conditions that combined with high prices to drive record earnings and payouts across 2021 and 2022.

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