EPISODE · Feb 20, 2024 · 3 MIN
BHP posts 86pc profit fall as Samarco compensation and nickel decline erode bottom line
from Peter Ryan_ABC News Soundcloud · host Peter Ryan
BHP's half year profit plunges by 86pc to US$927 million as impairments from the Samarco dam collapse in Brazil and a crisis in its WA nickel business weigh on the mining giant's bottom line. BHP chief executive Mike Henry says it could take until the end of the decade for nickel supply and demand to correct.
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BHP posts 86pc profit fall as Samarco compensation and nickel decline erode bottom line
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