AllAnalyst Report
logoMorningstarFebruary 16, 2021

BBL: Iron Ore Underwriting Bumper Profits for BHP Group but Demand and Supply Likely to Normalise.

Symbols
BBL
Sector(s)
Basic Materials
Rating
Current Price
Fair Value
Economic Moat
Stewardship
Summary

BHP is a leading global diversified miner supplying iron ore, copper, oil, gas, and metallurgical coal. A 2001 dual-listed merger of BHP Limited (now BHP Ltd.) and Billiton PLC (now BHP PLC) created the present-day BHP. Shareholders in each company have equivalent economic and voting rights in BHP as a whole. Major assets include Pilbara iron ore, Queensland coking coal, Escondida copper an

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Analyst Profile

Mathew Hodge

Director
Mathew Hodge is a director of equity research for Morningstar Australasia Pty Ltd, a wholly owned subsidiary of Morningstar, Inc. He covers the global metals and mining sector and has more than 15 years' experience. In addition, he has sat on Morningstar's global moat committee since 2014.In 2001, Hodge joined Aspect Huntley, which was subsequently acquired by Morningstar and previously worked in the mining industry in both underground coal and metalliferous mining in mining engineering roles.Hodge holds the Chartered Financial Analyst® designation.