BHP warns ‘trade tensions’ pose risks to growth

ABC Australia

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BHP records 23pc fall in first-half profit but expects a recovery in copper and steel demand

BHP has reported a 23 per cent fall in first-half profit, but the miner says demand for key commodities should improve.

Financial Times

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BHP warns ‘trade tensions’ pose risks to growth

World’s largest mining company reduces dividend as weaker Chinese activity hits demand for commodities

Sydney Morning Herald

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BHP cuts dividend as China slowdown hits Australian iron ore miners

The largest Australian miner has slashed its interim dividend and also posted a weaker profit.

Australian Financial Review

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BHP dividend slumps to eight-year low amid slowing Chinese demand

The iron ore mining giant is instead spending more money on developing new operations, focusing on in-demand commodities like copper and potash.

Bloomberg

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BHP’s First-Half Profit Slumps 23% as Miner Cuts Dividend

BHP Group Ltd.’s first-half profit slumped 23% from the year before, with the mining giant impacted by falling Chinese demand for key commodities including iron ore and copper.

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The Anglo-Australian mining company BHP, a world leader in the sector, has significantly reduced the benefit adjusted by the weakness of demand in China, reduced the dividend to its minimum in eight years and warned that "potential trade tensions" due to tariffs are a risk to global economic growth. Read