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BHP Group PLC (BHPB.L)

BHPB.L on London Stock Exchange

1,990.20GBp
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Latest Key Developments (Source: Significant Developments)

BHP Intends To Defend Samarco Legal Claim
Wednesday, 8 May 2019 

May 8 (Reuters) - Bhp Group Ltd ::NOTES MEDIA REPORTS TODAY CONCERNING GROUP CLAIM IN UNITED KINGDOM IN RELATION TO SAMARCO DAM FAILURE ON 5 NOVEMBER 2015.CONFIRMS BHP GROUP LIMITED AND BHP GROUP PLC HAVE BEEN SERVED WITH LEGAL PROCEEDINGS FILED IN BUSINESS AND PROPERTY COURTS OF LIVERPOOL.BHP INTENDS TO DEFEND CLAIM.  Full Article

BHP Updates On Cyclone Impact On Iron Ore Production
Tuesday, 2 Apr 2019 

April 2 (Reuters) - BHP Group Ltd ::TROPICAL CYCLONE VERONICA - WESTERN AUSTRALIA IRON ORE UPDATE.PRELIMINARY ESTIMATE OF IMPACT OF TROPICAL CYCLONE VERONICA IS A REDUCTION IN PRODUCTION OF APPROXIMATELY 6 TO 8 MILLION TONNES.2019 FINANCIAL YEAR PRODUCTION AND UNIT COST GUIDANCE ARE CURRENTLY UNDER REVIEW..PORT IS CURRENTLY OPERATING AT REDUCED RATES AND NOT EXPECTED TO RETURN TO FULL CAPACITY UNTIL LATER THIS MONTH.BHP PORT AND RAIL OPERATIONS IN PORT HEDLAND, WESTERN AUSTRALIA, ARE RAMPING-UP AFTER BEING SUSPENDED.  Full Article

BHP Group Says Ian Cockerill And Susan Kilsby Appointed As Independent Non-Executive Directors
Tuesday, 19 Mar 2019 

March 19 (Reuters) - BHP Group Ltd ::TO APPOINT IAN COCKERILL AND SUSAN KILSBY TO BHP BOARD AS INDEPENDENT NON-EXECUTIVE DIRECTORS, EFFECTIVE 1 APRIL.  Full Article

BHP Names Vandita Pant As Chief Commercial Officer
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Bhp Group Ltd ::STEVE PASTOR, HAS DECIDED TO LEAVE BHP.JONATHAN PRICE WILL ASSUME ROLE OF CHIEF TRANSFORMATION OFFICER EFFECTIVE 1 MARCH 2019.VANDITA PANT TO BECOME CHIEF COMMERCIAL OFFICER FROM 1 JULY 2019.GERALDINE SLATTERY WILL LEAD BHP'S PETROLEUM BUSINESS.  Full Article

BHP Billiton Says BHP Billiton Limited Has Changed It's Name To BHP Group Limited
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - BHP Billiton Ltd ::BHP GROUP PLC'S TICKER ON EACH OF LSE AND JSE WILL CHANGE TO "BHP" ON 23 NOVEMBER 2018..BHP GROUP PLC'S TICKER ON EACH OF LSE AND JSE WILL CHANGE TO "BHP" ON 23 NOVEMBER 2018.BHP BILLITON LIMITED AND BHP BILLITON PLC HAVE CHANGED THEIR NAMES TO BHP GROUP LIMITED AND BHP GROUP PLC.  Full Article

BHP Billiton To Pay $386 mln To Settle Tax Dispute Over Singapore Marketing Unit
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Bhp Billiton Ltd ::BHP SETTLES LONGSTANDING TRANSFER PRICING DISPUTE.BHP WILL PAY A TOTAL OF APPROXIMATELY A$529 MILLION IN ADDITIONAL TAXES FOR INCOME YEARS 2003 TO 2018.REACHED AGREEMENT WITH AUSTRALIAN TAXATION OFFICE (ATO) TO SETTLE TRANSFER PRICING DISPUTE RELATING TO ITS MARKETING OPERATIONS IN SINGAPORE.IN ADDITION, FROM JULY 2019, BHP GROUP LIMITED WILL INCREASE ITS OWNERSHIP OF BHP BILLITON MARKETING AG.BHP HAS ALREADY PAID A$328 MILLION OF AMOUNT, FOLLOWING RECEIPT OF AMENDED TAX ASSESSMENTS AND IN ACCORDANCE WITH ATO'S NORMAL PRACTICE..CHANGE IN OWNERSHIP TO RESULT IN PROFITS MADE IN SINGAPORE REGARDING AUSTRALIAN ASSETS OWNED BY BHP GROUP BEING FULLY SUBJECT TO AUSTRALIAN TAX.CHANGE IN OWNERSHIP WILL PROVIDE CERTAINTY FOR BHP, ATO ON AUSTRALIAN TAXATION TREATMENT OF BHP'S SINGAPORE MARKETING BUSINESS FOR FUTURE YEARS.BHP BILLITON SAYS SETTLEMENT RESOLVES DISPUTE BETWEEN BHP AND ATO FOR ALL PRIOR YEARS, BEING 2003 TO 2018, WITH NO ADMISSION OF TAX AVOIDANCE BY BHP.DISPUTE RELATED TO AMOUNT OF AUSTRALIAN TAX PAYABLE FROM SALE OF BHP'S AUSTRALIAN COMMODITIES TO BHP'S SINGAPORE MARKETING BUSINESS.BHP WILL PAY A TOTAL OF APPROXIMATELY A$529 MILLION IN ADDITIONAL TAXES FOR INCOME YEARS 2003 TO 2018.  Full Article

BHP Gets Participating Interest In Two Exploration Licences For Blocks In Offshore Orphan Basin In Canada
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - BHP Billiton Ltd ::SUCCESSFUL IN BIDS TO BUY 100% PARTICIPATING INTEREST IN TWO EXPLORATION LICENCES FOR BLOCKS 8 AND 12 IN OFFSHORE ORPHAN BASIN IN CANADA..AGGREGATE BID AMOUNT OF US$625 MILLION COVERS DRILLING AND SEISMIC WORK.A DECISION IN RELATION TO FURTHER CAPITAL EXPENDITURE TO DRILL FIRST APPRAISAL WELL IS EXPECTED TO BE MADE IN FY2022..INITIAL PLANNED CAPITAL EXPENDITURE ON EXPLORATION WORK PROGRAMS FOR BLOCKS 8 AND 12 IS US$140 MILLION UP TO FY2021.MINIMUM COMMITMENT UNDER LICENCE AGREEMENTS IS FOR US$157 MILLION.IT IS ANTICIPATED THAT LICENCE AGREEMENTS WOULD BE ISSUED IN DECEMBER 2018 AND WOULD BE EFFECTIVE IN JANUARY 2019.  Full Article

BHP Sees Sustained Demand For Commodities
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - BHP Billiton Ltd ::"DEMAND FOR COMMODITIES WILL BE SUSTAINED, EVEN AS THE WORLD SHIFTS TO A LOWER-CARBON FUTURE"."DESPITE ESCALATION IN TRADE TENSIONS, OUR BUSINESS HAS NOT BEEN SIGNIFICANTLY IMPACTED"."WHILE WE ARE CAUTIOUS IN THE NEAR TERM, WE REMAIN POSITIVE ABOUT THE LONG-TERM OUTLOOK".EXPECTED THAT ALL RESETTLEMENTS RELATED TO SAMARCO DAM FAILURE WILL BE COMPLETED BY 2020.EXPECT TO MAKE AN APPOINTMENT EARLY IN CALENDAR YEAR 2019 FOR A NEW NON-EXECUTIVE DIRECTOR WITH MINING EXPERIENCE.  Full Article

BHP Billiton Plc Says Will Be Changing Name To BHP Group Plc
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - BHP Billiton PLC ::JSE: BIL - PUBLICATION OF DECLARATION DATA.BHP BILLITON PLC - WILL BE CHANGING ITS NAME FROM BHP BILLITON PLC TO BHP GROUP PLC.  Full Article

BHP Announces US$10.4 Bln Shareholder Return Program
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Bhp Billiton Ltd ::ANNOUNCES US$10.4 BILLION SHAREHOLDER RETURN PROGRAM.WILL TARGET AN OFF-MARKET BUY-BACK OF US$5.2 BILLION OF BHP BILLITON LIMITED SHARES.PLANS TO RETURN US$10.4 BILLION TO ITS SHAREHOLDERS THROUGH COMBINATION OF AN OFF-MARKET BUY-BACK AND A SPECIAL DIVIDEND.BHP INTENDS TO DETERMINE SPECIAL DIVIDEND ON MONDAY 17 DECEMBER 2018.  Full Article

Australia wins appeal against BHP over tax owed by marketing arm

MELBOURNE, Jan 29 Australia's federal court ruled against BHP Group Ltd on Tuesday over whether the global miner should pay tax in Australia on profits made by its marketing arm on the sale of commodities owned by the company's UK side, BHP Group Plc.