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BBL - BHP Group: Copper Business Will Be The Growth Catalyst
BHP Group PlcSponsored ADR
Thesis
This article includes a detailed discussion of BHP Group's (BBL) copper business. The significance of the company's copper business could be construed from the fact that this segment accounted for ~30% of the company's FY 2018 revenues and was second in line only to the company's iron ore business (that accounted for ~34% of the FY 2018 revenues). Similarly, BBL's copper business accounted for ~28% of the Group's EBITDA during FY 2018.