BHP Billiton Opens Hub in Shanghai (2024)

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11:40:49 30/05/2024 am IST
5-day change 1st Jan Change
44.3 AUD -1.73% BHP Billiton Opens Hub in Shanghai (1) -1.36% -12.12%
07:20pm Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says RE
05:11pm European Equities Traded in the US as American Depositary Receipts Trend Modestly Higher in Thursday Trading MT

BHP Billiton has taken its first tentative steps back into China, seven years after closing its office in Beijing and scaling back its presence in Shanghai. In a move that will double its staff in China, BHP announced that it would open a technology development hub in Shanghai employing 50 people. It opened a new office in Shanghai, complete with a jade horse in the foyer, as it sought to increase its engagement and presence in China.

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BHP Billiton Opens Hub in Shanghai (3)

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Company Profile

BHP Group Limited is the world's leading mining group. Net sales break down by family of products as follows:- iron ore (47.3%): 253,000 Kt produced in 2021/22;- base metals (259%): copper (1,635,7 Kt produced), silver (12,200,000 ounces), zinc (123.2 Kt), uranium oxide (2.4 Kt), etc.;- coal (23.9%): energy coal (17,937 Kt produced) and metallurgical coal (37,064 Kt).,Net sales are distributed geographically as follows: Australia (4.9%), China (65.3%), Japan (7.9%), South Korea (5.7%), India (3.6%), Asia (5.9%), North America (4%), Europe (1.7%), South America (0.7%) and other (0.3%).

Sector

Diversified Mining

Calendar

17/07/2024 - Q4 2024 Sales and Revenue Release - Activities Report

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Income Statement Evolution

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Analysis / Opinion

Curtain down for the BHP-Anglo takeover saga May 30, 2024 at 02:44 pm IST

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Ratings for BHP Group Limited

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

BHP Billiton Opens Hub in Shanghai (5)

Buy

Mean consensus

OUTPERFORM

Number of Analysts

13

Last Close Price

29.85USD

Average target price

30.78USD

Spread / Average Target

+3.12%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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BHP Billiton Opens Hub in Shanghai (16)

BHP Billiton Opens Hub in Shanghai (2024)
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