“There was strong first quarter 2025 operational result, delivering largely in line production across key assets,” Raymond said.

“All financial year 2025 production and unit cost guidance was maintained.

“A solid operating performance has become a material positive to its risk profile.

“BHP is well-positioned to benefit from what we see as an inevitable sector recovery from improving global growth conditions.

“We maintain an ADD rating,” Raymond added.

BHP Group

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