BHP's full year underlying profit plunged 26% to 10.16 billion USD as iron ore prices remained under pressure due to oversupply concerns and slowing China demand. It marks the mining giant’s weakest performance since 2020. Shareholders will receive a final dividend of 60 US cents per share, down from $0.74 in FY24, the weakest payout since since 2017. For more on the numbers and of course the outlook, here’s BHP CFO Vandita Pant.
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