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home / news releases / BBL - BHP Group: Surfing On The Iron Ore Rally


BBL - BHP Group: Surfing On The Iron Ore Rally

Thesis

In this article, I have included a detailed discussion of BHP Group's (BBL) iron ore business. I have evaluated the impact of a recent cyclone in Western Australia, which caused the company to reduce its iron ore production guidance for FY 2019. Nevertheless, BBL has recorded an increase in its iron ore reserves and the outlook for its iron segment is brightened up by the recent rally in iron ore prices.

Even though the solid mining outlook for BBL's iron ore business strengthens the case for future growth; I believe that

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Stock Information

Company Name: BHP Group PlcSponsored ADR
Stock Symbol: BBL
Market: NYSE
Website: bhp.com

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