BHP reported financial results for 2024, with revenue holding steady at $53,822 million compared to $53,861 million in 2023. However, profit after taxation decreased to $12,921 million from $15,048 million, and diluted earnings per share fell to $2.55 from $2.96. The company's total assets grew slightly to $102,362 million, while net assets increased to $49,120 million.Significant events impacted BHP's performance, including a $3,800 million impairment of Western Australia Nickel assets and a $3,677 million loss related to the Samarco dam failure. On the positive side, BHP divested its Blackwater and Daunia coal mines for $3.05 billion. Segment-wise, Iron Ore remained the top revenue generator at $23,445 million, followed by Copper at $18,127 million.Looking ahead, BHP is focusing on future-facing commodities such as copper, nickel, and potash. The company continues to invest in operational decarbonization and has agreed to jointly acquire Filo Mining Corp with Lundin Mining. However, BHP faces ongoing risks, including $9,837 million in closure and rehabilitation provisions and $2,351 million in contingent liabilities, as well as continued negotiations regarding the Samarco dam failure.

BHP reported financial results for 2024, with revenue holding steady at $53,822 million compared to $53,861 million in 2023. However, profit after taxation decreased to $12,921 million from $15,048 million, and diluted earnings per share fell to $2.55 from $2.96. The company's total assets grew slightly to $102,362 million, while net assets increased to $49,120 million.Significant events impacted BHP's performance, including a $3,800 million impairment of Western Australia Nickel assets and a $3,677 million loss related to the Samarco dam failure. On the positive side, BHP divested its Blackwater and Daunia coal mines for $3.05 billion. Segment-wise, Iron Ore remained the top revenue generator at $23,445 million, followed by Copper at $18,127 million.Looking ahead, BHP is focusing on future-facing commodities such as copper, nickel, and potash. The company continues to invest in operational decarbonization and has agreed to jointly acquire Filo Mining Corp with Lundin Mining. However, BHP faces ongoing risks, including $9,837 million in closure and rehabilitation provisions and $2,351 million in contingent liabilities, as well as continued negotiations regarding the Samarco dam failure.