is to offer shareholders a higher-than-expected $US1.01 per share dividend after reporting underlying profit had increased 16 per cent to $US6.3 billion over the half year.
Net operating cash flow of US$9.4 billion and free cash flow of US$5.2 billion reflects higher iron ore and copper prices and strong operational performance.
BHP Chief Executive Officer, Mike Henry says: “Our continued delivery of reliable operational performance during the half supported record production at Western Australia Iron Ore and record concentrator throughput at Escondida”.
Shares in BHP (ASX:BHP)
are trading 1.03 per cent higher at $46.22.