With the Federal Reserve aggressively targeting inflation via elevating the benchmark interest rate, gold stocks to buy represented a questionable venture to say the least. Gold typically does well under rising prices as an inflation hedge. Like other commodities, it doesn’t perform up to snuff during disinflationary cycles.However, as The Wall Street Journal pointed out not too long ago, consumer prices have been rising faster than expected. Stated differently, inflation is sticky; that is, prices are not ...

铁矿石价格预测 - 镍和锂等关键电池金属价格暴跌可能预示着更重大的事情，即支撑一些世界最大矿业公司利润的铁矿石价格可能会崩溃[1] - 铁矿石价格急剧下跌的预测在过去两年中已经成为常态，主要是因为担心中国这个全球最大的商品消费国需求下降，而铁矿石用于生产钢铁[2] - 新的担忧是，从明年开始，非洲的巨大Simandou矿山开始出口，可能会使铁矿石供应过剩，带来与印尼镍价格暴跌相同的供应冲击[3] 铁矿石供应增加 - 澳大利亚一家知名基金经理最近的研究报告指出，铁矿石供应增加可能会使价格每吨下降50美元，降至约80美元[4] - 如果准确，Yarra Capital的分析可能会导致BHP和力拓的盈利下降49%，Fortescue的盈利下降65%[5] - BHP还受到镍价格下跌45%的影响，其股价自年初以来下跌了13%，力拓下跌了10%，Fortescue下滑了5%[6] 电池金属市场对比 - Yarra分析的重要性在于它将供应驱动的电池金属崩溃与铁矿石市场中正在形成的相同力量进行了对比[7] - Yarra在报告中强烈指出，去年锂价格暴跌了85%，镍价格下跌了44%，尽管全球电动汽车销量在2023年增长了34%[8] 中国市场影响 - 铁矿石需求在中国停滞不前，中国占全球海运市场的71%，房地产市场陷入深度低迷，经济显示出明显的成熟和饱和迹象[12] - 与镍一样，中国有动机过度投资于铁矿石，泛滥市场并压低其最大进口之一的价格[13] - 逻辑表明，这可能导致铁矿石价格每吨下降50美元，降至约80美元，与成本曲线相符，这将削减BHP、力拓和Fortescue的盈利[14] 投资建议 - 投资者应该明智地看待铁矿石股票目前的暂时盈利强劲，并重新定位以避免可能发生的灾难[15]

BHP Group (BHP) reported underlying attributable profit from continuing operations of $6.6 billion in the first half of fiscal 2024 (ended Dec 31, 2023). The figure was in line with the year-ago comparable period as gains from higher revenues (reflecting improved iron ore and copper prices) and disciplined cost control were offset by higher input and labor costs.Underlying earnings per share were $1.29 in the first half of fiscal 2024 compared with $1.30 in the prior-year period. Earnings per American Depos ...

BHP lowered its dividend by less than expected with its latest half-year numbers in a sign that it is more confident over the outlook for bulk metals said analysts. Underlying profits for the six months to end December 2023 were flat at US$6.60bn and slightly better than consensus estimates beforehand though big impairment charges reduced the total down to US$0.9bn. BHP took a US$3.2bn hit for its share of compensation for the Samarco Dam disaster in Brazil and also US$2.5bn for potentially closing its West ...

财务数据和关键指标变化 - 公司上半年实现营业利润(EBITDA)增长5%至139亿美元,EBITDA利润率为53% [9] - 公司实现税后利润66亿美元,资本回报率为26% [9] - 公司经营活动产生的现金流为89亿美元,资本和勘探支出为47亿美元 [10] - 公司净债务为126亿美元,派发中期股息每股0.72美元,派息率为56% [10] 各条业务线数据和关键指标变化 - 铜业务EBITDA利润率为46%,产量增长7% [18] - 铁矿石业务EBITDA利润率为69%,产量受铁路技术升级和中央皮尔巴拉中心产能爬坡影响 [17] - 冶金煤业务受维护和天气影响,公司调整了全年产量和成本指引 [18] - 新南威尔士能源煤业务产量增长36%,公司计划于2030年停止开采 [19] - 钾肥业务Jansen项目一期进展顺利,二期投资49亿美元已获批 [32][33] 各个市场数据和关键指标变化 - 铁矿石价格上涨21%,铜价上涨5%,但煤炭和镍价格下跌 [16] - 印度钢铁产能预计将在2030年前翻一番,是公司冶金煤业务的重要市场 [43] - 中国经济复苏存在不确定性,公司对中国市场保持谨慎态度 [22] 公司战略和发展方向及行业竞争 - 公司聚焦大型、低成本、有扩张潜力的矿产资产,如铁矿石、铜、钾肥等 [27][31][32] - 公司通过优化运营、创新技术等提升生产效率和降低成本,保持竞争优势 [24][28] - 公司在澳大利亚面临政策不确定性和成本上升的挑战,如昆士兰煤炭税上调 [26][44] - 公司看好长期大宗商品需求,特别是能源转型带来的需求增长 [23][24] 管理层对经营环境和未来前景的评论 - 地缘政治局势持续复杂多变,但短期经济前景较上年有所好转 [20][21] - 公司有信心通过优化运营和投资组合调整来应对成本上升压力 [24][27] - 公司看好铜、钾肥等大宗商品的长期需求前景,将继续投资扩产 [31][32][33][37] - 公司将继续推进减碳目标,如与Rio Tinto和BlueScope合作开发低碳炼铁技术 [7] 其他重要信息 - 公司遗憾地报告了一名承包商员工在Saraji矿山意外死亡的事故 [4] - 公司就西澳镍业务和Samarco事故计提了25亿美元和32亿美元的减值和拨备 [11][13][14][15] - 公司任命Vandita Pant为新任首席财务官,David Lamont和Laura Tyler将离任 [45][46] 问答环节重要的提问和回答 问题1 **Ellie Jiang 提问** 公司如何看待澳大利亚政策环境对业务的影响 [26] **Jiazhen Zhao 回答** 公司正在通过提高运营效率和调整投资组合来应对政策带来的挑战,但高税率仍使昆士兰州的投资环境不太吸引人 [26][44] 问题2 **Yang Bai 提问** 公司在铜业务方面有哪些发展计划 [35][36][37][38][39][40] **Jiazhen Zhao 回答** 公司正在通过整合南澳铜资产、扩大产能、提升工艺技术等多方面举措来增强铜业务的价值 [35][36][37][38][39][40] 问题3 **Joyce Ju 提问** 公司如何看待未来大宗商品需求的发展趋势 [23][24][25] **Lei Chen 回答** 公司认为长期来看,全球人口增长、城镇化和能源转型将持续推动大宗商品需求增长,具有成本优势和社会价值的公司将受益 [23][24][25]

A collapse in the price of nickel, used in the batteries of electric vehicles (EVs) and stainless steel, all but wiped out the half-year profit of BHP, the world’s biggest mining company.After-tax profit of Australia-based BHP plunged by 86% from $6.5 billion to $927 million in the six months to December 31 with the bulk of the fall blamed on a $5.6 billion write-down of the value of the company’s nickel business.Because the write-down is a non-cash item BHP shareholders will still get a half-year dividend, ...

SASKATOON, Saskatchewan, Feb. 13, 2024 (GLOBE NEWSWIRE) -- BHP and YWCA Saskatoon are pleased to announce a $500,000 investment from BHP to YWCA's Hope Lives Here campaign. In 2022, YWCA Saskatoon's Crisis Shelter & Residence turned away a staggering 4,253 women and children in need. Hope Lives Here is the organization's largest capital campaign ever. With a fundraising goal of $19 million, the campaign is funding a new transitional housing wing that will more than double YWCA Saskatoon's capacity to provid ...

Undervalued renewable energy stocks are struggling. Companies are canceling projects as prices spiral out of control. Auto companies like General Motors (NYSE:GM) and Ford (NYSE:F) are delaying electric vehicle rollouts because of slowing demand. Solar companies are seeing massive reductions in homeowner demand. In fact, demand for solar panels in California is down 80%.The fallout can be seen in exchange-traded funds like Invesco WilderHill Clean Energy (NYSEARCA:PBW). It’s down nearly 51% in a year. Share ...

Investors interested in stocks from the Mining - Miscellaneous sector have probably already heard of HudBay Minerals (HBM) and BHP (BHP) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with pos ...

SASKATOON, Saskatchewan, Feb. 05, 2024 (GLOBE NEWSWIRE) -- BHP and Carlton Trail College are pleased to announce the recipients of the BHP Jansen Scholarship Program for 2023. The scholarship provides combined support of over $82,000 to 26 youth pursuing post-secondary education and training opportunities in a field of their choosing. Carlton Trail College is a partner in this initiative, administering the program on BHP's behalf. "Access to post-secondary education and skills training is proven to bring se ...