Feb 15 (Reuters) - BHP Group Ltd (BHP) :
- HALF YEAR 2024 EXCEPTIONAL ITEMS UPDATE
- BHP ANNOUNCES TWO ITEMS WHICH WILL BE RECOGNISED AS EXCEPTIONAL ITEMS IN BHP'S FINANCIAL RESULTS FOR HALF YEAR ENDED 31 DECEMBER 2023
- WILL RECOGNISE A NON-CASH IMPAIRMENT CHARGE OF APPROXIMATELY US$2.5 BILLION (POST TAX) AGAINST CARRYING VALUE OF WESTERN AUSTRALIA NICKEL
- ITEMS RELATE TO AN IMPAIRMENT OF CARRYING VALUE OF NICKEL WEST OPERATIONS AND WEST MUSGRAVE PROJECT
- REDUCING OPERATING COSTS AT WESTERN AUSTRALIA NICKEL AND REVIEWING OUR CAPITAL PLANS FOR NICKEL WEST AND WEST MUSGRAVE
- WILL RECOGNISE A NON-CASH IMPAIRMENT CHARGE OF APPROXIMATELY US$2.5 BILLION (POST TAX) AGAINST CARRYING VALUE OF WESTERN AUSTRALIA NICKEL
- NICKEL INDUSTRY IS FACING CHALLENGES AND THERE HAS BEEN A SHARP FALL IN NICKEL PRICES
- ITEMS ALSO RELATE TO AN INCREASE TO PROVISION FOR SAMARCO DAM FAILURE
- WILL ALSO RECORD UNDERLYING EBITDA OF NEGATIVE US$0.2 BILLION AT WESTERN AUSTRALIA NICKEL IN HY24 RESULTS
- WILL ALSO RECORD UNDERLYING EBITDA OF APPROXIMATELY NEGATIVE US$0.2 BILLION AT WESTERN AUSTRALIA NICKEL IN HY24 RESULTS
- WILL ALSO RECOGNISE AN INCOME STATEMENT CHARGE OF US$3.2 BILLION (POST TAX) IN RELATION TO SAMARCO DAM FAILURE
- BHP BRASIL'S PROVISION FOR SAMARCO DAM FAILURE WILL BE US$6.5 BILLION AS AT 31 DEC
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$40.22 |
Change
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Mkt cap ! $204.1B | |||
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