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.
Figure-1 (Source: iMinco)
In this article, I have analyzed the performance of BBL's copper business during the quarter and