Iron Ore Rises on Report China Mills to Temporarily Halt Output
Futures for the steelmaking material rose by as much as 1.6% in Singapore, following a 2.1% weekly gain. Mysteel issued a report on Saturday that said some mills in the country's steel-production hub of Tangshan had received notifications to stop producing from Aug. 25 to ensure clean air during the Sept. 3 military parade in the nearby capital.
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BHP Group Ltd (BHP) (FY 2025) Earnings Call Highlights: Record Production and Strategic ...
This article first appeared on GuruFocus. Revenue: Not explicitly mentioned in the transcript. Iron Ore Production: Record production at 290 million tons from Western Australia Iron Ore (WAIO). Copper Production: Record production of over 2 million tons, up 28% over the past three years. EBITDA Margin: 53%, maintaining a track record of exceeding 50% over the past 20 years. Net Income: Underlying attributable profit of $10.2 billion. Return on Capital Employed (ROCE): 21%. Final Dividend: $0.60 per share, with a full-year dividend totaling $5.6 billion. Taxes and Royalties: Almost $10 billion incurred during the year. Unit Costs: Improved by almost 5% year on year despite inflation. Iron Ore EBITDA Margin: 63% for Western Australia Iron Ore. Copper EBITDA: Record $12 billion, 45% of the group total, with a margin of 59%. Capital Expenditure: Expected to be around $11 billion in FY26 and '27, averaging $10 billion per year over the medium term. Net Debt Target Range: Revised to $10 billion to $20 billion. Warning! GuruFocus has detected 5 Warning Sign with BHP. Release Date: August 19, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points BHP Group Ltd (NYSE:BHP) achieved record iron ore and copper production, with copper volumes growing by 28% over the past three years. The company maintained a strong underlying EBITDA margin of 53%, continuing a 20-year trend of margins exceeding 50%. BHP Group Ltd (NYSE:BHP) declared a final dividend of $0.60 per share, resulting in a full-year dividend of $5.6 billion. The company achieved gender balance in its global workforce, with female representation now at 41.3%, contributing to improved business performance. BHP Group Ltd (NYSE:BHP) reported significant improvements in safety metrics, with a 63% reduction in high potential injury frequency over the past five years. 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