The world's largest mining company, BHP. 16 The results released today show that, due to factors such as misjudgments of ore deposit value, floods in Brazil, and a sharp drop in commodity prices, as of this year... 6 In the last fiscal year ending at the end of the month, the company’s annual loss reached a record high. 64 Hundred of millions of dollars, worse than the market’s expected loss. 58 hundreds of millions of dollars, whereas the previous fiscal year was profitable. 19.1 hundred million dollars.

　　BHP CEO In a statement, McKenzie said that commodity prices are expected to remain low and continue to fluctuate in the medium to long term. However, the company remains confident in the long-term outlook for commodities, particularly oil and copper prices.

　　The company's performance in the previous fiscal year was also affected by... 77 Asset impairment and expense impacts totaling hundreds of millions of dollars, including: 49 Billions of dollars are involved in impairment of the U.S. onshore oil sector. 22 The provision relates to the dam collapse accident involving the joint venture with Vale in Brazil’s iron ore operations, amounting to hundreds of millions of U.S. dollars. Moreover, weak prices for iron ore, copper, coal, oil, and natural gas are directly impacting profitability.

　　Last year 11 Month, the company Samarco The mining area has been hit by flooding due to the collapse of a Brazilian dam, requiring a one-time payment that has resulted in substantial losses for the company. The mining area is jointly operated with Brazil’s Vale, and the dam’s collapse has caused— 18 One person has died, and one is missing. The floods have damaged farmland and towns, hindering local residents from returning home. The company had previously stated that it would pay... 11 hundred million -13 A cost of hundreds of millions of dollars.

　　Before the release of this earnings report, UBS analysts indicated that BHP might suffer its largest-ever loss since its inception. According to available information, BHP’s headquarters are located in Melbourne, Australia. The company is listed on the Australian Securities Exchange and the London Stock Exchange, and it has also undertaken a secondary listing in Johannesburg.