BHP Group half-year profit beats expectations


The world’s largest listed miner was cautiously optimistic about a demand recovery in the developed world in the next 12 months. — Reuters

SYDNEY: BHP Group logs first-half underlying profit that slightly beat analyst expectations, buoyed by strong iron ore prices, and says inflationary impacts are receding.

The world’s largest listed miner was cautiously optimistic about a demand recovery in the developed world in the next 12 months but said it was not yet clear how effective stimulus policies have been in China, its biggest customer.

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