BHP Group Ltd
BHP: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Y< | LOCK|TS | LOCK|vVz^%% |
BHP: Solid Iron Ore and Copper Volumes Overshadowed by Jansen Capital Expenditure Again Being Raised
BHP's key iron ore and copper divisions are performing well. Second-quarter Western Australian Iron Ore sales of 67 million metric tons and copper sales of 365,000 metric tons are up 4% and 2% on last year, respectively. But yet more capital investment to build Jansen has shares down 2% in response.
