Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

30 July 2024

BHP GROUP LIMITED

(ABN 49 004 028 077)

(Exact name of Registrant as specified in its charter)

VICTORIA, AUSTRALIA

(Jurisdiction of incorporation or organisation)

171 COLLINS STREET, MELBOURNE,

VICTORIA 3000 AUSTRALIA

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: ☒ Form 20-F ☐ Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: ☐ Yes ☒ No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a


				17 July 2024

Operational review for the year ended 30 June 2024

Strong operational performance with record iron ore production and highest copper production in over 15 years.

“We finished the year with a strong fourth quarter, achieving several production records and we are meeting current production and unit cost guidance for all commodities.

WAIO continued its strong performance, delivering a second consecutive year of record production on the back of ongoing incremental improvements along its supply chain as we progress toward our medium-term goal of increasing production to greater than 305 Mtpa. We achieved a strong performance across our copper business globally, underpinned by the highest production in four years at Escondida and another year of record production from Spence in Chile. Successful integration at Copper South Australia has delivered additional production tonnes, and exceeded the annualised synergies planned at the time of the OZL acquisition.

We successfully completed the sale of the Blackwater and Daunia metallurgical coal operations on 2 April 2024. After a challenging year at BMA, we have plans in place to increase production to between 43 and 45 Mtpa (100%) in the next five years.

We continued to execute against our strategy, progressing growth options in the commodities the world needs to meet the demands of the energy transition and population growth. This includes our Jansen potash mine in Canada, where construction of Stage 1 is now more than 50% complete and Stage 2 is underway. We will see first production in 2026 and will be a major global producer of potash by the end of the decade.

On 11 July we announced the temporary suspension of our Western Australia Nickel operations from October 2024 as a result of an oversupply in the global nickel market and protracted low nickel prices.”


		Mike Henry BHP Chief Executive Officer
Summary

Operational excellence		Financial performance

Record production at WAIO and Spence		Strong prices in key commodities

FY24 production guidance achieved for all commodities, with metallurgical coal achieving the upper end of its revised guidance. Record production at WAIO, Spence and Carrapateena and the highest production in four years at Escondida.		Average realised prices for copper and iron ore were higher in FY24, while metallurgical coal prices remained relatively stable, and nickel and energy coal prices were lower.

Total copper production increased 9% and is expected to increase a further 4% in FY25.¹		Unit cost guidance for FY24 is expected to be met at Escondida, WAIO and Spence, and revised unit cost guidance is expected to be met at BMA.

Portfolio		Decarbonisation

Executing our strategy		Progress on Scope 1, 2 and 3 emissions

We completed the divestment of Blackwater and Daunia, and commenced construction of Jansen Stage 2, with Jansen Stage 1 now >50% complete. We also completed the scheduled ramp up of both South Flank to full production capacity of 80 Mtpa (100% basis) and the Carrapateena Crusher 2 project.		We held an investor roundtable to provide an update on our decarbonisation progress, including our collaborations to trial battery electric haul trucks in the Pilbara and investigate a pilot electric smelting furnace (ESF).



Production	Quarter performance								YTD performance					Production guidance

	Q4 FY24		v Q3 FY24			v Q4 FY23			FY24		v FY23			FY24 guidance			FY25 guidance			FY25e v FY24 (actual)

Copper (kt)		504.9		8	%		6	%		1,865.2		9	%		1,720 – 1,910			1,845 – 2,045			(1%) – 10%

Escondida (kt)		309.2		7	%		6	%		1,125.3		7	%		1,080 – 1,180			1,180 – 1,300			5% – 16%

Pampa Norte (kt)ⁱ		65.9		7	%		(4	%)		265.6		(8	%)		210 – 250	ⁱ		240 – 270	ⁱ		(6%) – 6%ⁱ

Copper South Australia (kt)		89.3		13	%		17	%		322.0		39	%		310 – 340			310 – 340			(4%) – 6%

Antamina (kt)		38.3		13	%		5	%		143.9		4	%		120 – 140			115 – 135			(20%) – (6%)

Carajás (kt)		2.2		(31	%)		38	%		8.4					-			-			-

Iron ore (Mt)		69.2		13	%		6	%		259.7		1	%		254 – 264.5			255 – 265.5			(2%) – 2%

WAIO (Mt)		68.2		13	%		6	%		254.9		1	%		250 – 260			250 – 260			(2%) – 2%

WAIO (100% basis) (Mt)		76.8		13	%		6	%		287.0		1	%		282 – 294			282 – 294			(2%) – 2%

Samarco (Mt)		1.0		(11	%)		(15	%)		4.7		5	%		4 – 4.5			5 – 5.5			5% – 16%

Metallurgical coal – BMA (Mt)ⁱⁱ		4.9		(18	%)		(42	%)		22.3		(23	%)		21.5 – 22.5			16.5 – 19			(26%) – (15%)

BMA (100% basis) (Mt)		9.8		(18	%)		(42	%)		44.6		(23	%)		43 – 45			33 – 38			(26%) – (15%)

Energy coal – NSWEC (Mt)		3.8		(10	%)		(21	%)		15.4		8	%		13 – 15			13 – 15			(15%) – (2%)

Nickel – Western Australia Nickel (kt)		23.0		22	%		5	%		81.6		2	%		77 – 87			-			-

i	Production guidance for FY24 and FY25 is for Spence only and excludes Cerro Colorado which produced 11 kt in FY24 before entering care and maintenance in December 2023.

ii	FY24 production includes 5 Mt (10 Mt on a 100% basis) from Blackwater and Daunia mines until their divestment on 2 April 2024. Refer to production and sales report and metallurgical coal for further information.

BHP | Operational review for the year ended 30 June 2024

Summary of disclosures

BHP expects its financial results for the second half of FY24 (H2 FY24) to reflect certain items summarised in the table below. The table does not provide a comprehensive list of all items impacting the period. The financial statements are the subject of ongoing work that will not be finalised until the release of the financial results on 27 August 2024. Accordingly, the information in the table below contains preliminary information that is subject to update and finalisation.



Description	H2 FY24 impactⁱ (US$M)	Classificationⁱⁱ

Unit costs (at guidance FX)
Unit costs for FY24 are expected to be within the guidance range at Escondida, in the lower half of the revised guidance range at BMA, in the upper half of the guidance range at WAIO, and at the top end of the guidance range at Spence	-	Operating costs
Note: Average realised exchange rates for FY24 of AUD/USD 0.66 (guidance rate AUD/USD 0.67) and USD/CLP 907 (guidance rate USD/CLP 810).	-

Income statement
The Group’s adjusted effective tax rate for FY24 is expected to be around the midpoint of the guidance range of 30 – 35%	-	Taxation expense
Increase in closure and rehabilitation provision for closed sites (predominantly in Group and Unallocated)	~100	h Operating costs

Cash flow statement
Working capital movements largely relating to the timing of receivables	~150 – 350	h Operating cash flow
Cash tax paid	~3,350 – 3,450	i Operating cash flow
Dividends received from equity-accounted investments	~200	h Operating cash flow
Capital and exploration spend is expected to be approximately US$9.3 bn, below full year guidance of ~US$10 bn, primarily driven by favourable FX and cash preservation decisions at Western Australia Nickel	-	i Investing cash flow
Proceeds received from the sale of BHP’s 50% interest in the Blackwater and Daunia minesⁱⁱⁱ	~1,000	h Investing cash flow
Dividends paid to non-controlling interests	~800	i Financing cash flow
Payment of the H1 FY24 dividend	~3,600	i Financing cash flow

Exceptional items
Gain on sale of BHP’s 50% interest in the Blackwater and Daunia mines (after tax)	~650 – 750	Exceptional item
Impairment of Western Australia Nickel following the decision to temporarily suspend operations. See Nickel section for further information.	~300	Exceptional item
Financial impact on BHP Brasil of the Samarco dam failure is subject to ongoing work. See Iron ore section for further information on Samarco operations.	-	Exceptional item

i	Numbers are not tax effected, unless otherwise noted.

ii	There will be a corresponding balance sheet, cash flow and/or income statement impact as relevant, unless otherwise noted.

iii	A US$50 m deposit was received during H1 FY24. For detail on future payments in relation to the divestment please refer to: BHP completes the divestment of Daunia and Blackwater.

BHP | Operational review for the year ended 30 June 2024

Segment and asset performance | FY24 YTD v FY23 YTD

LOGO

Further information in Appendix 1

Detailed production and sales information for all operations in Appendix 2


Copper

Production 1,865 kt _9% FY23 1,717 kt FY25e 1,845 – 2,045 kt Average realised price US$3.98/lb _9% FY23 US$3.65/lb		Total copper production increased 9% to 1,865 kt. Copper production for FY25 is expected to be between 1,845 and 2,045 kt. Escondida _{1,125 kt 7% (100% basis)} Increased production was primarily due to a higher concentrator feed grade of 0.88% (including grade of 0.99% achieved in Q4 FY24), up from 0.82% in FY23, as mining progressed into areas of higher-grade ore as planned following the implementation of measures to manage geotechnical events in FY23. This was partially offset by planned lower cathode production, as a result of prioritising concentrator throughput in prior years. Production for FY25 is expected to be between 1,180 and 1,300 kt, driven by higher grades and throughput, and is expected to be weighted to the second half. Concentrator feed grade for FY25 is expected to be greater than 0.90%. Pampa Norte _{266 kt 8%}
		Spence production increased 6% to a record 255 kt, driven by improved concentrator throughput and increases in both concentrator feed grade and recoveries. Record concentrate production was partially offset by lower cathode production, in line with an expected decline in stacked feed grade. The concentrator plant modifications which commenced in August 2022 were completed in June 2024.

		Spence successfully completed negotiations for a new collective agreement with the Union N°1 of Operators and Maintainers, effective for 36 months from 1 June 2024.

		Production at Spence for FY25 is expected to be between 240 and 270 kt.

		Cerro Colorado entered temporary care and maintenance in December 2023, after producing 11 kt for the period.

		Copper South Australia _{322 kt 39%}

		Successful integration following the acquisition of OZL in FY23 and strong underlying operational performance across the asset delivered increased production, as well as record material mined and concentrate smelted at Olympic Dam. We have exceeded our planned annualised synergies, such as the processing of Prominent Hill and Carrapateena concentrate at Olympic Dam into higher-margin cathode and refined gold, resulting in annual records for cathode and gold production at Olympic Dam. The successful commissioning and ramp up of Crusher 2 led to record material mined and concentrate produced at Carrapateena.

		Production for FY25 is expected to be between 310 and 340 kt, weighted to the second half.

		We continued exploration drilling at OD Deeps and Oak Dam to enhance our resource knowledge in support of our growth studies and we expect to provide an Inferred Mineral Resource at Oak Dam later this calendar year.

		Other copper

		At Antamina, copper production increased 4% to 144 kt, as a result of record concentrator throughput offsetting planned lower feed grades. Zinc production was 17% lower at 103 kt, as a result of planned lower feed grades. Copper production for FY25 is expected to be between 115 and 135 kt, due to mine sequencing which will result in lower throughput, and zinc production is expected to be between 90 and 110 kt.

		Carajás produced 8.4 kt of copper and 5.8 troy koz of gold.

BHP | Operational review for the year ended 30 June 2024

Iron ore


Production 260 Mt _1% FY23 257 Mt FY25e 255 – 265.5 Mt Average realised price US$101.04/wmt _9% FY23 US$92.54/wmt		Iron ore production increased 1% to a record 260 Mt. Production for FY25 is expected to be between 255 and 265.5 Mt. WAIO _{255 Mt 1% \| 287 Mt (100% basis)} WAIO achieved another full year production record of 255 Mt (287 Mt on a 100% basis), reflecting strong supply chain performance with increased capacity unlocked by the Port Debottlenecking Project 1 (PDP1) and record production at South Flank. These more than offset the impacts of the continued tie-in activity for the Rail Technology Programme 1 (RTP1). South Flank completed ramp up to full production capacity of 80 Mtpa (100% basis) in FY24 as planned, which contributed to WAIO achieving record lump sales for the year. Following commissioning in December 2023, PDP1 has enabled higher production volumes and contributed to record sales for the year. Ramp up remains on track to be completed in CY24. Production for FY25 is expected to be between 250 and 260 Mt (282 and 294 Mt on a 100% basis) as we ramp up the planned tie-in activities for RTP1. Samarco _{4.7 Mt 5% \| 9.5 Mt (100% basis)} Production increased as a result of higher concentrator throughput. FY25 production is expected to be between 5 and 5.5 Mt. The second concentrator at Samarco is expected to come online during Q3 FY25, increasing production capacity to approximately 16 Mtpa (100% basis) of pellets once fully ramped up.

Coal Metallurgical coal
Production 22.3 Mt _23% FY23 29.0 Mt FY25e 16.5 – 19 Mt Average realised price US$266.06/t _2% FY23 US$271.05/t		BMA _{22.3 Mt 23% \| 44.6 Mt (100% basis)} Production decreased as a result of increased stripping to improve supply chain stability and restore depleted inventory positions which arose from extended weather impacts and labour constraints over recent years, and the divestment of Blackwater and Daunia on 2 April 2024. Production was also impacted by an extended longwall move and geotechnical faulting at Broadmeadow during H1 FY24, and the temporary suspension of operations following the fatality of a team member at Saraji. Blackwater and Daunia produced 5 Mt (10 Mt on a 100% basis) in FY24 prior to their divestment. Production for FY25 is expected to be between 16.5 and 19 Mt (33 and 38 Mt on a 100% basis) reflecting the divestment of Blackwater and Daunia and impact of elevated strip ratios as we continue to improve supply chain stability and re-establish raw coal inventory positions. In the next five years, we expect to increase production to between 21.5 and 22.5 Mtpa (43 and 45 Mtpa on a 100% basis) once BMA is operating with sustainable inventory levels and strip ratios normalise.

Energy coal
Production 15.4 Mt _8% FY23 14.2 Mt FY25e 13 – 15 Mt Average realised price US$121.52/t _49% FY23 US$236.51/t		NSWEC _{15.4 Mt 8%} Production increased due to strong operating performance across the year as improved weather and labour availability enabled an uplift in truck productivity. This included 1.3 Mt to support regional coal-fired power stations in line with the NSW Government Market Price Emergency (Directions for Coal Mines) Notice (Directions). The Directions ceased on 1 July 2024, with the change in royalty rates for open cut mines increasing 2.6% points, from 8.2% to 10.8%. Production for FY25 is expected to be between 13 and 15 Mt. We continue to progress our plans to cease mining at the asset in FY30, including delivering on our progressive rehabilitation commitments during FY24.

BHP | Operational review for the year ended 30 June 2024


Group & Unallocated

Nickel

Production		Western Australia Nickel _{81.6 kt 2%}

81.6 kt _2% FY23 80.0 kt		Nickel West production was in line with the prior year. We produced a higher proportion of the lower-value matte products as a result of increased maintenance at Kwinana Refinery and severe weather events in March 2024.

Average realised price US$18,197/t _24% FY23 US$24,021/t		On 11 July 2024, we announced the temporary suspension of operations at Western Australia Nickel with a transition period to commence from July 2024. Operations will be suspended by October 2024 and handover activities for temporary suspension will be completed by December 2024. During the temporary suspension, we will invest ~US$300 m per annum in the facilities to enable a potential restart.

		We are expecting to report an underlying EBITDA loss of ~US$300 m at Western Australia Nickel for FY24 and to recognise a further non-cash impairment charge of US$0.3 bn (pre-tax) as an exceptional item in the Group’s FY24 Financial Statements.

Quarterly performance | Q4 FY24 v Q3 FY24


Copper		Iron ore
505 kt _8% Q3 FY24 466 kt	Higher concentrator grade and throughput at Escondida, and higher volumes at Copper SA with record production at Carrapateena following the commissioning of Crusher 2 in Q3 FY24.	69 Mt _13% Q3 FY24 61 Mt	Record monthly and quarterly production achieved at WAIO as a result of strong underlying performance at the mines and the benefits of PDP1, as well as the prior quarter impacts of wet weather and a bushfire near Yandi.
Metallurgical coal		Energy coal
4.9 Mt _18% Q3 FY24 6.0 Mt	Production decreased following the divestment of the Blackwater and Daunia mines on 2 April 2024. Production increased at the remaining operations as a result of improved truck productivity and favourable weather conditions.	3.8 Mt _10% Q3 FY24 4.1 Mt	Lower production as a result of unfavourable weather, maintenance works brought forward from Q1 FY25, and a higher proportion of washed coal.
Nickel
23 kt _22% Q3 FY24 19 kt	Higher production following prior period impacts from planned maintenance at the Kwinana Refinery and a severe weather event in March.

The following footnotes apply to this Operational Review:

1	At the midpoint of total copper production guidance for FY25 of 1,845 – 2,045 kt

BHP | Operational review for the year ended 30 June 2024

Appendix 1

Average realised pricesⁱ


	Quarter					H2 FY24								YTD
	Q4 FY24		v Q3 FY24			H2 FY24		v H1 FY24			v H2 FY23			FY24		v FY23
Copper (US$/lb)^ii,iii,iv		4.58		19	%		4.27		17	%		12	%		3.98		9	%
Iron ore (US$/wmt, FOB)^v		91.31		(14	%)		98.49		(5	%)		(1	%)		101.04		9	%
Metallurgical coal (US$/t)^vi		245.29		(13	%)		265.71		(0	%)		(3	%)		266.06		(2	%)
Hard coking coal (US$/t)^vii		246.02		(16	%)		271.26		(1	%)		(2	%)		273.03		(0	%)
Weak coking coal (US$/t)^vii		161.70		(23	%)		206.84		1	%		(17	%)		205.54		(18	%)
Thermal coal (US$/t)^vi,viii		123.38		6	%		119.57		(3	%)		(24	%)		121.52		(49	%)
Nickel metal (US$/t)^ix		18,414		11	%		17,744		(5	%)		(25	%)		18,197		(24	%)

Based on provisional, unaudited estimates. Prices exclude sales from equity accounted investments, third party product and internal sales, and represent the weighted average of various sales terms (for example: FOB, CIF and CFR), unless otherwise noted. Includes the impact of provisional pricing and finalisation adjustments.

At 30 June 2024, the Group had 430 kt of outstanding copper sales that were revalued at a weighted average price of US$4.33/lb. The final price of these sales will be determined in FY25. In addition, 342 kt of copper sales from FY23 were subject to a finalisation adjustment in the current period. The displayed prices include the impact of these provisional pricing and finalisation adjustments.

iii	The large majority of copper cathodes sales were linked to index price for quotation periods one month after month of shipment, and three to four months after month of shipment for copper concentrates sales with price differentials applied for location and treatment costs.

iv	Sales from Carrapateena and Prominent Hill acquired through the purchase of OZL are included for Q4 FY24.

v	The large majority of iron ore shipments were linked to index pricing for the month of shipment, with price differentials predominantly a reflection of market fundamentals and product quality. Iron ore sales for FY24 and Q4 FY24 were based on an average moisture rate of 6.7% and 6.9% respectively.

vi	The large majority of metallurgical coal and energy coal exports were linked to index pricing for the month of scheduled shipment or priced on the spot market at fixed or index-linked prices, with price differentials reflecting product quality.

vii

Hard coking coal (HCC) refers generally to those metallurgical coals with a Coke Strength after Reaction (CSR) of 35 and above, which includes coals across the spectrum from Premium Coking to Semi Hard Coking coals, while weak coking coal (WCC) refers generally to those metallurgical coals with a CSR below 35.

viii	Export sales only. Includes thermal coal sales from metallurgical coal mines.

ix	Relates to refined nickel metal only, excludes intermediate products and nickel sulphate.

Current year unit cost guidance


	Current FY24 guidanceⁱ

Escondida unit cost (US$/lb)ⁱⁱ		1.40 – 1.70	Unchanged

Spence unit cost (US$/lb)		2.00 – 2.30	Top end

WAIO unit cost (US$/t)		17.40 – 18.90	Upper half

BMA unit cost (US$/t)		119 – 125	Lower half

i	FY24 unit cost guidance is based on exchange rates of AUD/USD 0.67 and USD/CLP 810.

ii	Escondida unit costs for FY24 onwards exclude revenue-based government royalties.

Major projects

Commodity

Project and ownership

Project scope / capacity

Capital
expenditure
US$M

First
production
target date

Progress

Potash

Jansen Stage 1
(Canada)
100%

Design, engineering and construction of an underground potash mine and surface infrastructure, with capacity to produce 4.15 Mtpa.

5,723

End-CY26

Project is 52

complete

Potash

Jansen Stage 2
(Canada)
100%

Development of additional mining districts, completion of the second shaft hoist infrastructure, expansion of processing facilities and addition of rail cars to facilitate production of an incremental 4.36 Mtpa.

4,859

FY29

Project is 2

complete

The operating expenditure related to Potash for FY24 is expected to be ~US$250 m.

Exploration

Minerals exploration and evaluation expenditure was US$457 m for FY24 (FY23: US$350 m) of which US$399 m was expensed (FY23: US$294 m).

BHP | Operational Review for the full year ended 30 June 2024

Appendix 2


			Production																	Sales
			Quarter ended										Year to date							Quarter ended										Year to date
			Jun		Sep		Dec		Mar		Jun		Jun		Jun		Var			Jun		Sep		Dec		Mar		Jun		Jun		Jun		Var
			2023		2023		2023		2024		2024		2024		2023		%			2023		2023		2023		2024		2024		2024		2023		%
Group production and sales summary
By commodity
Metals production is payable metal unless otherwise noted.
Throughout this report figures in italics indicate that this figure has been adjusted since it was previously reported.
Copper	Payable metal in concentrate	kt		310.7		317.3		308.7		339.1		370.5		1,335.6		1,117.9		19	%		323.1		298.0		316.5		281.6		378.8		1,274.9		1,124.5		13	%
	Escondida	kt		220.5		221.3		207.7		239.2		258.5		926.7		832.7		11	%		220.3		209.5		211.7		204.0		261.3		886.5		830.3		7	%
	Pampa Norte	kt		32.2		38.8		32.6		39.5		39.4		150.3		125.3		20	%		38.6		31.3		34.9		26.9		49.3		142.4		125.3		14	%
	Copper South Australia	kt		19.9		23.5		27.4		23.3		32.1		106.3		19.9		434	%		27.6		22.2		31.6		17.1		28.0		98.9		27.6		258	%
	Antamina	kt		36.5		32.5		39.2		33.9		38.3		143.9		138.4		4	%		34.5		32.8		38.3		31.3		37.4		139.8		139.2		0	%
	Carajás	kt		1.6		1.2		1.8		3.2		2.2		8.4		1.6		425	%		2.1		2.2		-		2.3		2.8		7.3		2.1		248	%
	Cathode	kt		165.5		139.7		128.7		126.8		134.4		529.6		598.6		(12	)%		179.9		131.9		137.6		120.1		142.3		531.9		600.3		(11	)%
	Escondida	kt		72.5		52.0		46.9		49.0		50.7		198.6		222.6		(11	)%		78.0		49.2		52.2		44.3		54.6		200.3		221.2		(9	)%
	Pampa Norte	kt		36.3		39.5		27.2		22.1		26.5		115.3		163.5		(29	)%		42.4		36.6		31.1		22.1		26.5		116.3		166.4		(30	)%
	Copper South Australia	kt		56.7		48.2		54.6		55.7		57.2		215.7		212.5		2	%		59.5		46.1		54.3		53.7		61.2		215.3		212.7		1	%
	Total	kt		476.2		457.0		437.4		465.9		504.9		1,865.2		1,716.5		9	%		503.0		429.9		454.1		401.7		521.1		1,806.8		1,724.8		5	%
Lead	Payable metal in concentrate	t		146		96		105		-		131		332		657		(49	)%		143		154		91		108		9		362		545		(34	)%
	Antamina	t		146		96		105		-		131		332		657		(49	)%		143		154		91		108		9		362		545		(34	)%
Zinc	Payable metal in concentrate	t		38,822		35,669		33,475		18,409		15,839		103,392		125,048		(17	)%		37,629		33,912		37,092		17,559		14,118		102,681		126,427		(19	)%
	Antamina	t		38,822		35,669		33,475		18,409		15,839		103,392		125,048		(17	)%		37,629		33,912		37,092		17,559		14,118		102,681		126,427		(19	)%
Gold	Payable metal in concentrate	troy oz		96,655		89,024		94,794		79,284		100,113		363,215		249,795		45	%		108,552		87,703		98,969		70,493		92,433		349,598		261,692		34	%
	Escondida	troy oz		53,503		48,063		48,633		38,955		45,410		181,061		189,095		(4	)%		53,503		48,063		48,633		38,955		45,410		181,061		189,095		(4	)%
	Pampa Norte	troy oz		9,263		3,931		2,854		1,819		4,676		13,280		26,811		(50	)%		9,263		3,931		2,854		1,819		4,676		13,280		26,811		(50	)%
	Copper South Australia	troy oz		32,736		36,228		42,051		36,427		48,355		163,061		32,736		398	%		44,098		34,176		47,482		28,136		40,507		150,301		44,098		241	%
	Carajás	troy oz		1,153		802		1,256		2,083		1,672		5,813		1,153		404	%		1,688		1,533		-		1,583		1,840		4,956		1,688		194	%
	Refined gold	troy oz		46,479		53,028		55,828		49,128		49,139		207,123		186,029		11	%		49,182		54,036		55,349		41,710		52,687		203,782		187,924		8	%
	Copper South Australia	troy oz		46,479		53,028		55,828		49,128		49,139		207,123		186,029		11	%		49,182		54,036		55,349		41,710		52,687		203,782		187,924		8	%
	Total	troy oz		143,134		142,052		150,622		128,412		149,252		570,338		435,824		31	%		157,734		141,739		154,318		112,203		145,120		553,380		449,616		23	%
Silver	Payable metal in concentrate	troy koz		2,592		2,582		3,074		2,620		3,317		11,593		10,478		11	%		2,409		2,527		2,938		2,431		3,137		11,033		10,014		10	%
	Escondida	troy koz		1,008		1,168		1,401		1,328		1,549		5,446		5,074		7	%		1,008		1,168		1,401		1,328		1,549		5,446		5,074		7	%
	Pampa Norte	troy koz		412		356		388		327		583		1,654		1,318		25	%		412		356		388		327		583		1,654		1,318		25	%
	Copper South Australia	troy koz		201		260		310		252		312		1,134		201		464	%		242		258		364		189		311		1,122		242		364	%
	Antamina	troy koz		971		798		975		713		873		3,359		3,885		(14	)%		747		745		785		587		694		2,811		3,380		(17	)%
	Refined silver	troy koz		256		261		221		248		265		995		1,089		(9	)%		270		219		222		188		329		958		1,130		(15	)%
	Copper South Australia	troy koz		256		261		221		248		265		995		1,089		(9	)%		270		219		222		188		329		958		1,130		(15	)%
	Total	troy koz		2,848		2,843		3,295		2,868		3,582		12,588		11,567		9	%		2,679		2,746		3,160		2,619		3,466		23,024		21,158		9	%
Uranium	Payable metal in concentrate	t		813		825		986		863		929		3,603		3,406		6	%		1,275		481		895		394		1,554		3,324		3,357		(1	)%
	Copper South Australia	t		813		825		986		863		929		3,603		3,406		6	%		1,275		481		895		394		1,554		3,324		3,357		(1	)%
Molybdenum	Payable metal in concentrate	t		666		612		481		824		699		2,616		2,162		21	%		594		564		468		677		678		2,387		2,172		10	%
	Pampa Norte	t		333		329		145		203		117		794		990		(20	)%		367		303		162		219		134		818		1,100		(26	)%
	Antamina	t		333		283		336		621		582		1,822		1,172		55	%		227		261		306		458		544		1,569		1,072		46	%
Iron ore	Western Australia Iron Ore (WAIO)	kt		64,074		62,004		64,460		60,299		68,173		254,936		252,531		1	%		62,926		64,180		62,606		61,868		67,323		255,977		248,883		3	%
	Samarco	kt		1,221		1,231		1,302		1,174		1,041		4,748		4,512		5	%		1,160		1,136		1,329		1,258		1,043		4,766		4,514		6	%
	Total	kt		65,295		63,235		65,762		61,473		69,214		259,684		257,043		1	%		64,086		65,316		63,935		63,126		68,366		260,743		253,397		3	%
Metallurgical coal¹	BHP Mitsubishi Alliance (BMA)	kt		8,477		5,601		5,717		6,035		4,922		22,275		29,020		(23	)%		8,876		5,325		5,706		6,359		4,904		22,294		28,571		(22	)%
Energy coal	NSW Energy Coal (NSWEC)	kt		4,765		3,613		3,855		4,149		3,751		15,368		14,172		8	%		4,894		3,307		4,250		3,932		3,678		15,167		13,864		9	%
Nickel	Western Australia Nickel	kt		22.0		20.2		19.6		18.8		23.0		81.6		80.0		2	%		23.4		18.9		20.0		18.8		23.2		80.9		82.1		(1	)%
Cobalt	Western Australia Nickel	t		246		192		182		179		181		734		752		(2	)%		246		192		110		179		181		662		752		(12	)%

1 Includes BMA thermal coal sales.

BHP | Operational Review for the full year ended 30 June 2024


			Production																Sales
			Quarter ended										Year to date						Quarter ended										Year to date
			Jun 2023		Sep 2023		Dec 2023		Mar 2024		Jun 2024		Jun 2024		Jun 2023		Var %		Jun 2023		Sep 2023		Dec 2023		Mar 2024		Jun 2024		Jun 2024		Jun 2023		Var %
Production and sales
By asset
Copper

Metals production is payable metal unless otherwise noted.
Escondida, Chile¹		BHP interest 57.5%
	Material mined	kt		95,451		87,462		95,168		103,872		102,752		389,254		413,856		(6)%
	Concentrator throughput	kt		30,750		33,332		34,752		31,653		34,377		134,114		130,864		2%
	Average copper grade - concentrator	%		0.93%		0.85%		0.78%		0.92%		0.99%		0.88%		0.82%		7%
	Production ex mill	kt		228.9		225.7		217.6		238.6		279.5		961.4		866.3		11%
	Payable copper	kt		220.5		221.3		207.7		239.2		258.5		926.7		832.7		11%		220.3		209.5		211.7		204.0		261.3		886.5		830.3		7%
	Copper cathode (EW)	kt		72.5		52.0		46.9		49.0		50.7		198.6		222.6		(11)%		78.0		49.2		52.2		44.3		54.6		200.3		221.2		(9)%
	Oxide leach	kt		29.3		17.5		17.0		14.4		13.8		62.7		76.8		(18)%
	Sulphide leach	kt		43.2		34.5		29.9		34.6		36.9		135.9		145.8		(7)%
	Total copper	kt		293.0		273.3		254.6		288.2		309.2		1,125.3		1,055.3		7%		298.3		258.7		263.9		248.3		315.9		1,086.8		1,051.5		3%
	Payable gold concentrate	troy oz		53,503		48,063		48,633		38,955		45,410		181,061		189,095		(4)%		53,503		48,063		48,633		38,955		45,410		181,061		189,095		(4)%
	Payable silver concentrate	troy koz		1,008		1,168		1,401		1,328		1,549		5,446		5,074		7%		1,008		1,168		1,401		1,328		1,549		5,446		5,074		7%
1 Shown on a 100% basis.
Pampa Norte, Chile		BHP interest 100%
Copper	Payable metal in concentrate	kt		32.2		38.8		32.6		39.5		39.4		150.3		125.3		20%		38.6		31.3		34.9		26.9		49.3		142.4		125.3		14%
	Cathode	kt		36.3		39.5		27.2		22.1		26.5		115.3		163.5		(29)%		42.4		36.6		31.1		22.1		26.5		116.3		166.4		(30)%
	Total copper	kt		68.5		78.3		59.8		61.6		65.9		265.6		288.8		(8)%		81.0		67.9		66.0		49.0		75.8		258.7		291.7		(11)%
Gold		troy oz		9,263		3,931		2,854		1,819		4,676		13,280		26,811		(50)%		9,263		3,931		2,854		1,819		4,676		13,280		26,811		(50)%
Silver		troy koz		412		356		388		327		583		1,654		1,318		25%		412		356		388		327		583		1,654		1,318		25%
Molybdenum		t		333		329		145		203		117		794		990		(20)%		367		303		162		219		134		818		1,100		(26)%

Cerro Colorado¹
	Material mined	kt		145		-		-		-		-		-		4,079		(100)%
	Ore stacked	kt		3,928		154		-		-		-		154		15,987		(99)%
	Average copper grade - stacked	%		0.53%		0.58%		-		-		-		0.58%		0.55%		6%
	Copper cathode (EW)	kt		12.2		9.5		1.6		-		-		11.1		49.2		(77)%		14.1		8.8		3.7		-		-		12.5		50.5		(75)%

Spence
	Material mined	kt		25,622		27,654		25,973		15,968		19,951		89,546		104,416		(14)%
	Ore stacked	kt		5,625		5,113		4,744		6,008		5,926		21,791		21,304		2%
	Average copper grade - stacked	%		0.58%		0.60%		0.59%		0.56%		0.54%		0.57%		0.64%		(10)%
	Concentrator throughput	kt		6,927		8,473		7,151		8,055		7,766		31,445		28,252		11%
	Average copper grade - concentrator	%		0.61%		0.64%		0.65%		0.64%		0.70%		0.66%		0.61%		7%
	Payable copper	kt		32.2		38.8		32.6		39.5		39.4		150.3		125.3		20%		38.6		31.3		34.9		26.9		49.3		142.4		125.3		14%
	Copper cathode (EW)	kt		24.1		30.0		25.6		22.1		26.5		104.2		114.3		(9)%		28.3		27.8		27.4		22.1		26.5		103.8		115.9		(10)%
	Total copper	kt		56.3		68.8		58.2		61.6		65.9		254.5		239.6		6%		66.9		59.1		62.3		49.0		75.8		246.2		241.2		2%
	Payable gold concentrate	troy oz		9,263		3,931		2,854		1,819		4,676		13,280		26,811		(50)%		9,263		3,931		2,854		1,819		4,676		13,280		26,811		(50)%
	Payable silver concentrate	troy koz		412		356		388		327		583		1,654		1,318		25%		412		356		388		327		583		1,654		1,318		25%
	Payable molybdenum	t		333		329		145		203		117		794		990		(20)%		367		303		162		219		134		818		1,100		(26)%

1 Cerro Colorado entered temporary care and maintenance in December 2023.

BHP | Operational Review for the full year ended 30 June 2024


			Production																Sales
			Quarter ended										Year to date						Quarter ended										Year to date
			Jun		Sep		Dec		Mar		Jun		Jun		Jun		Var		Jun		Sep		Dec		Mar		Jun		Jun		Jun		Var
			2023		2023		2023		2024		2024		2024		2023		%		2023		2023		2023		2024		2024		2024		2023		%
Copper (continued)
Copper South Australia, Australia		BHP interest 100%
Copper	Payable metal in concentrate	kt		19.9		26.2		30.6		27.4		34.7		118.9		19.9		497%		27.6		22.2		31.6		17.1		28.0		98.9		27.6		258%
	Cathode	kt		56.7		48.2		54.6		55.7		57.2		215.7		212.5		2%		59.5		46.1		54.3		53.7		61.2		215.3		212.7		1%
	Total copper	kt		76.6		74.4		85.2		83.1		91.9		334.6		232.4		44%		87.1		68.3		85.9		70.8		89.2		314.2		240.3		31%
	Payable metal in concentrate transfer to Olympic Dam¹	kt		-		(2.7)		(3.2)		(4.1)		(2.6)		(12.6)		0.0
	Net copper	kt		76.6		71.7		82		79.0		89.3		322.0		232.4		39%
Gold	Payable metal in concentrate	troy oz		32,736		41,424		48,051		43,209		52,045		184,729		32,736		464%		44,098		34,176		47,482		28,136		40,507		150,301		44,098		241%
	Refined gold	troy oz		46,479		53,028		55,828		49,128		49,139		207,123		186,029		11%		49,182		54,036		55,349		41,710		52,687		203,782		187,924		8%
	Total gold	troy oz		79,215		94,452		103,879		92,337		101,184		391,852		218,765		79%		93,280		88,212		102,831		69,846		93,194		354,083		232,022		53%
	Payable metal in concentrate transfer to Olympic Dam¹	troy oz		-		(5,196)		(6,000)		(6,782)		(3,690)		(21,668)		-
	Net gold	troy oz		79,215		89,256		97,879		85,555		97,494		370,184		218,765		69%
Silver	Payable metal in concentrate	troy koz		201		271		323		282		333		1,209		201		501%		242		258		364		189		311		1,122		242		364%
	Refined silver	troy koz		256		261		221		248		265		995		1,089		(9)%		270		219		222		188		329		958		1,130		(15)%
	Total silver	troy koz		457		532		544		530		598		2,204		1,290		71%		512		477		586		377		640		2,080		1,372		52%
	Payable metal in concentrate transfer to Olympic Dam¹	troy koz		-		(11)		(13)		(30)		(21)		(75)		-
	Net silver	troy koz		457		521		531		500		577		2,129		1,290		65%
Uranium		t		813		825		986		863		929		3,603		3,406		6%		1,275		481		895		394		1,554		3,324		3,357		(1)%

Olympic Dam
	Material mined	kt		2,356		2,655		2,537		2,747		2,815		10,754		9,349		15%
	Ore milled	kt		2,755		2,596		2,634		2,511		2,912		10,653		10,445		2%
	Average copper grade	%		2.00%		1.96%		2.12%		1.96%		2.00%		2.01%		2.04%		(1)%
	Average uranium grade	kg/t		0.55		0.56		0.62		0.57		0.58		0.58		0.57		1%
	Copper cathode (ER and EW)	kt		56.7		48.2		54.6		55.7		57.2		215.7		212.5		2%		59.5		46.1		54.3		53.7		61.2		215.3		212.7		1%
	Refined gold	troy oz		46,479		53,028		55,828		49,128		49,139		207,123		186,029		11%		49,182		54,036		55,349		41,710		52,687		203,782		187,924		8%
	Refined silver	troy koz		256		261		221		248		265		995		1,089		(9)%		270		219		222		188		329		958		1,130		(15)%
	Payable uranium	t		813		825		986		863		929		3,603		3,406		6%		1,275		481		895		394		1,554		3,324		3,357		(1)%

Prominent Hill²
	Material mined	kt		661		1,110		1,125		1,094		1,175		4,504		661		581%
	Ore milled	kt		1,228		1,652		1,800		1,473		1,815		6,740		1,228		449%
	Average copper grade	%		0.77%		0.85%		0.83%		0.86%		0.94%		0.87%		0.77%		13%
	Concentrate produced	kt		16.3		23.8		23.6		22.3		28.4		98.1		16.3		502%
	Payable copper	kt		8.2		12.1		12.9		10.9		14.6		50.5		8.2		516%		15.7		8.4		10.6		6.5		7.3		32.8		15.7		109%
	Payable gold concentrate	troy oz		17,432		22,031		25,779		21,019		25,357		94,186		17,432		440%		28,856		15,524		20,045		14,644		12,955		63,168		28,856		119%
	Payable silver concentrate	troy koz		44		63		65		62		90		280		44		536%		87		53		59		38		48		198		87		128%

Carrapateena²
	Material mined	kt		880		1,201		1,310		1,232		1,486		5,229		880		494%
	Ore milled	kt		856		1,230		1,307		1,226		1,450		5,213		856		509%
	Average copper grade	%		1.52%		1.29%		1.52%		1.52%		1.57%		1.48%		1.52%		(3)%
	Concentrate produced	kt		30.1		37.6		49.2		45.9		62.0		194.7		30.1		547%
	Payable copper	kt		11.7		14.1		17.7		16.5		20.1		68.4		11.7		485%		11.9		13.8		21.0		10.6		20.7		66.1		11.9		455%
	Payable gold concentrate	troy oz		15,304		19,393		22,272		22,190		26,688		90,543		15,304		492%		15,242		18,652		27,437		13,492		27,552		87,133		15,242		472%
	Payable silver concentrate	troy koz		157		208		258		220		243		929		157		492%		155		205		305		151		263		924		155		496%

1 Excludes prior year production previously reported and transferred during the period.

2 Production and sales included from 1 May 2023, following the acquisition of OZL on 2 May 2023.

BHP | Operational Review for the full year ended 30 June 2024


			Production																Sales
			Quarter ended										Year to date						Quarter ended										Year to date
			Jun 2023		Sep 2023		Dec 2023		Mar 2024		Jun 2024		Jun 2024		Jun 2023		Var %		Jun 2023		Sep 2023		Dec 2023		Mar 2024		Jun 2024		Jun 2024		Jun 2023		Var %
Copper (continued)

Antamina, Peru		BHP interest 33.75%
	Material mined	kt		62,894		63,310		61,539		56,233		62,481		243,563		253,448		(4)%
	Concentrator throughput	kt		13,897		14,246		14,824		14,312		14,534		57,916		54,376		7%
	Average head grade - copper	%		0.88%		0.83%		0.90%		0.83%		0.91%		0.87%		0.89%		(2)%
	Average head grade - zinc	%		1.25%		1.17%		1.03%		0.68%		0.68%		0.89%		1.10%		(19)%
	Payable copper	kt		36.5		32.5		39.2		33.9		38.3		143.9		138.4		4%		34.5		32.8		38.3		31.3		37.4		139.8		139.2		0%
	Payable zinc	t		38,822		35,669		33,475		18,409		15,839		103,392		125,048		(17)%		37,629		33,912		37,092		17,559		14,118		102,681		126,427		(19)%
	Payable silver	troy koz		971		798		975		713		873		3,359		3,885		(14)%		747		745		785		587		694		2,811		3,380		(17)%
	Payable lead	t		146		96		105		-		131		332		657		(49)%		143		154		91		108		9		362		545		(34)%
	Payable molybdenum	t		333		283		336		621		582		1,822		1,172		55%		227		261		306		458		544		1,569		1,072		46%


Carajás, Brazil¹		BHP interest 100%
	Material mined	kt		103		74		115		163		134		486		103		372%
	Ore milled	kt		100		70		119		163		135		487		100		387%
	Average copper grade	%		1.71%		1.91%		1.69%		2.07%		1.68%		1.85%		1.71%		8%
	Production ex mill	kt		6.6		5.2		7.6		12.9		8.8		34.5		6.6		423%
	Payable copper	kt		1.6		1.2		1.8		3.2		2.2		8.4		1.6		425%		2.1		2.2		-		2.3		2.8		7.3		2.1		248%
	Payable gold concentrate	troy oz		1,153		802		1,256		2,083		1,672		5,813		1,153		404%		1,688		1,533		-		1,583		1,840		4,956		1,688		194%
1 Production and sales included from 1 May 2023, following the acquisition of OZL on 2 May 2023.


Iron ore
Iron ore production and sales are reported on a wet tonnes basis.

WAIO, Australia		BHP interest 85%
	Newman Joint Venture	kt		14,795		13,234		15,468		15,032		14,368		58,102		56,945		2%
	Area C Joint Venture	kt		28,818		25,804		26,074		24,920		29,070		105,868		107,375		(1)%
	Yandi Joint Venture	kt		5,359		3,150		4,978		4,434		5,293		17,855		21,410		(17)%
	Jimblebar¹	kt		15,102		19,816		17,940		15,913		19,442		73,111		66,801		9%
	Total	kt		64,074		62,004		64,460		60,299		68,173		254,936		252,531		1%
	Total (100%)	kt		72,717		69,448		72,670		68,131		76,773		287,022		285,307		1%
	Lump	kt																		20,022		20,969		19,176		19,175		20,260		79,580		77,979		2%
	Fines	kt																		42,904		43,211		43,430		42,693		47,063		176,397		170,904		3%
	Total	kt																		62,926		64,180		62,606		61,868		67,323		255,977		248,883		3%
	Total (100%)	kt																		71,172		71,748		70,340		69,775		75,898		287,761		280,716		3%
1 Shown on a 100% basis. BHP interest in saleable production is 85%.


Samarco, Brazil		BHP interest 50%
	Total	kt		1,221		1,231		1,302		1,174		1,041		4,748		4,512		5%		1,160		1,136		1,329		1,258		1,043		4,766		4,514		6%

BHP | Operational Review for the full year ended 30 June 2024


			Production																Sales
			Quarter ended										Year to date						Quarter ended										Year to date
			Jun 2023		Sep 2023		Dec 2023		Mar 2024		Jun 2024		Jun 2024		Jun 2023		Var %		Jun 2023		Sep 2023		Dec 2023		Mar 2024		Jun 2024		Jun 2024		Jun 2023		Var %
Coal

Coal production is reported on the basis of saleable product.
BMA, Australia		BHP interest 50%

	Blackwater¹	kt		1,505		1,295		1,182		1,070		25		3,572		5,055		(29)%

	Goonyella	kt		2,348		827		1,736		1,824		2,047		6,434		8,310		(23)%

	Peak Downs	kt		1,424		1,121		846		1,012		1,238		4,217		5,480		(23)%

	Saraji	kt		1,326		1,010		701		759		817		3,287		4,596		(28)%

	Daunia¹	kt		617		545		431		524		13		1,513		1,989		(24)%

	Caval Ridge	kt		1,257		803		821		846		782		3,252		3,590		(9)%

	Total²	kt		8,477		5,601		5,717		6,035		4,922		22,275		29,020		(23)%

	Total (100%)	kt		16,954		11,202		11,434		12,070		9,844		44,550		58,040		(23)%

	Coking coal	kt																		7,448		4,497		4,756		5,410		4,862		19,525		24,307		(20)%

	Weak coking coal	kt																		1,064		529		752		927		42		2,250		3,101		(27)%

	Thermal coal	kt																		364		299		198		22		-		519		1,163		(55)%

	Total	kt																		8,876		5,325		5,706		6,359		4,904		22,294		28,571		(22)%

	Total (100%)	kt																		17,752		10,650		11,412		12,718		9,808		44,588		57,142		(22)%

1 Production and sales included contribution from Blackwater and Daunia mines until their divestment on 2 April 2024. 2 Production figures include some thermal coal.

NSWEC, Australia		BHP interest 100%

	Export	kt																		4,693		3,087		3,942		3,558		3,254		13,841		13,663		1%

	Domestic¹	kt																		201		220		308		374		424		1,326		201		560%

	Total	kt		4,765		3,613		3,855		4,149		3,751		15,368		14,172		8%		4,894		3,307		4,250		3,932		3,678		15,167		13,864		9%

1 Domestic sales are made under the NSW Government Coal Market Price Emergency (Directions for Coal Mines) Notice 2023.

Other

Nickel production is reported on the basis of saleable product.

Western Australia Nickel, Australia		BHP interest 100%

Mt Keith	Nickel concentrate	kt		44.5		42.7		43.8		32.4		42.6		161.5		165.5		(2)%

	Average nickel grade	%		16.2		16.7		16.8		15.2		17.8		16.7		16.3		2%

Leinster	Nickel concentrate	kt		71.1		66.0		63.4		60.3		76.6		266.3		254.2		5%

	Average nickel grade	%		8.5		8.1		8.0		7.8		9.0		8.3		9.1		(9)%

	Refined nickel¹	kt		13.1		13.8		12.6		8.8		14.7		49.9		54.6		(9)%		13.1		13.2		13.0		8.6		14.8		49.6		54.4		(9)%

	Nickel sulphate²	kt		0.7		0.9		0.7		1.0		1.6		4.2		3.2		31%		0.8		0.8		0.7		0.8		1.5		3.8		3.0		27%

	Intermediates and nickel by-products³	kt		8.2		5.5		6.3		9.0		6.7		27.5		22.2		24%		9.5		4.9		6.3		9.4		6.9		27.5		24.7		11%

	Total nickel	kt		22.0		20.2		19.6		18.8		23.0		81.6		80.0		2%		23.4		18.9		20.0		18.8		23.2		80.9		82.1		(1)%

	Cobalt by-products	t		246		192		182		179		181		734		752		(2)%		246		192		110		179		181		662		752		(12)%

1	High quality refined nickel metal, including briquettes and powder.

2	Nickel sulphate crystals produced from nickel powder.

3	Nickel contained in matte and by-product streams.

BHP | Operational review for the year ended 30 June 2024

Variance analysis relates to the relative performance of BHP and/or its operations during the 12 months ended June 2024 compared with the 12 months ended June 2023, unless otherwise noted. Production volumes, sales volumes and capital and exploration expenditure from subsidiaries are reported on a 100% basis; production and sales volumes from equity accounted investments and other operations are reported on a proportionate consolidation basis. Numbers presented may not add up precisely to the totals provided due to rounding. Medium-term refers to a five year horizon, unless otherwise noted.

The following abbreviations may have been used throughout this report: billion tonnes (Bt); cost and freight (CFR); cost, insurance and freight (CIF), carbon dioxide equivalent (CO2-e), dry metric tonne unit (dmtu); free on board (FOB); giga litres (GL); greenhouse gas (GHG); grams per cubic centimeter (g/cm3), grams per tonne (g/t); high-potential injury (HPI); kilograms per tonne (kg/t); kilometre (km); million ounces per annum (Mozpa); metres (m), million pounds (Mlb); million tonnes (Mt); million tonnes per annum (Mtpa); ounces (oz); OZ Minerals Limited (OZL); part per million (ppm), pounds (lb); thousand ounces (koz); thousand ounces per annum (kozpa); thousand tonnes (kt); thousand tonnes per annum (ktpa); thousand tonnes per day (ktpd); tonnes (t); total recordable injury frequency (TRIF); wet metric tonnes (wmt); and year to date (YTD).

In this release, the terms ‘BHP’, the ‘Group’, ‘BHP Group’, ‘we’, ‘us’, ‘our’ and ‘ourselves’ are used to refer to BHP Group Limited and, except where the context otherwise requires, our subsidiaries. Refer to note 30 ‘Subsidiaries’ of the Financial Statements in BHP’s 30 June 2023 Annual Report for a list of our significant subsidiaries. Those terms do not include non-operated assets. Notwithstanding that this release may include production, financial and other information from non-operated assets, non-operated assets are not included in the BHP Group and, as a result, statements regarding our operations, assets and values apply only to our operated assets unless stated otherwise. Our non-operated assets include Antamina and Samarco. BHP Group cautions against undue reliance on any forward-looking statement or guidance in this release. These forward-looking statements are based on information available as at the date of this release and are not guarantees or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control and which may cause actual results to differ materially from those expressed in the statements contained in this release.

Further information on BHP can be found at bhp.com

Authorised for lodgement by:

Stefanie Wilkinson

Group Company Secretary


Media Relations		Investor Relations

Email: media.relations@bhp.com		Email: investor.relations@bhp.com

Australia and Asia		Australia and Asia

Gabrielle Notley		John-Paul Santamaria
Tel: +61 3 9609 3830 Mobile: +61 411 071 715		Mobile: +61 499 006 018

Europe, Middle East and Africa		Europe, Middle East and Africa

Neil Burrows		James Bell
Tel: +44 20 7802 7484 Mobile: +44 7786 661 683		Tel: +44 20 7802 7144 Mobile: +44 7961 636 432

Americas		Americas

Renata Fernandez		Monica Nettleton
Mobile: +56 9 8229 5357		Mobile: +1 416 518 6293

BHP Group Limited ABN 49 004 028 077

LEI WZE1WSENV6JSZFK0JC28

Registered in Australia

Registered Office: Level 18, 171 Collins Street

Melbourne Victoria 3000 Australia

Tel +61 1300 55 4757 Fax +61 3 9609 3015

BHP Group is headquartered in Australia
Follow us on social media

LOGO

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.