BHP Group - H2 2023

Transcript

Speaker 0

Before I take you through some of the highlights from our full year results, I do want to acknowledge the tragic deaths of two of our colleagues during the year. Keeping people safe is our priority. We remain resolute in our commitment to safety in every aspect of our organization. Over the last 12 months, our teams have delivered strong, and in some cases, record production. These efforts, together with our focus on social value and managing costs, mean we've been able to deliver a strong performance and announce a final dividend of $0.80 per share, bringing the total full-year dividend to $1.70 per share.

In the 2023 financial year, our total economic contribution was $54 billion. This includes over $13 billion in payments to our investors, like the 17 million Australians who are direct or indirect shareholders in BHP.

How we deliver is as much a key to our success as what we deliver. We have further reduced our operational greenhouse gas emissions by 11% from last year. Women now make up 35% of our employee workforce, more than double since we announced our ambition to achieve global gender balance. This year, we spent over $330 million with Indigenous suppliers, doubling last year's spend. As the world's need for minerals to power the energy transition and support food security increases, we continue to invest in growing our supply of minerals that are critical to the future. In combining Olympic Dam with OZ Minerals, we are creating a world-class copper province in South Australia. Our Potash project in Canada is on track to deliver first production in 2026.

We are looking to expand our iron ore output in the Pilbara to over 305 million tons per year. Lastly, technology and innovation are delivering benefits across our business. We've now rolled out autonomous trucks across many sites in Western Australia, Queensland, and Chile. Our portfolio of steelmaking materials, copper, nickel, and potash are all critical to meet the world's growing population, increasing urbanization and industrialization, rising standards of living, and the energy transition. This year, we have proven again that we can deliver these important commodities while creating value for our shareholders and communities. The future is exciting for BHP.