Bhp Group Ltd · ASX:BHP
Bhp — BMO Global Metals, Mining & Critical Minerals Conference 2026
13 slides from Bhp's conference presentation, Feb 23, 2026
Slide 1: BMO Global Metals, Mining & Critical Minerals Conference CEO speech
BMO Global Metals, Mining & Critical Minerals Conference CEO speech 23 February 2026
Slide 2: CEO speech introduction
BHP INVESTOR CEO speech Slide 1: BMO Global Metals, Mining & Critical Minerals Conference 2026 Thank you. It’s great to be back here again. I’m looking forward to the discussion with Alex but first let me give you a brief update on BHP. Actually, I picked up on one of the themes just spoken, and it’
Slide 3: Disclaimer
BHP INVESTOR Slide 2: Disclaimer 2
Slide 4: Strong HY26 performance
BHP INVESTOR Slide 3: Strong HY26 performance We have had another excellent six months both operationally and financially. We’ve performed well on production delivery and cost control, with operational records in copper and iron ore. And with a strong commodity price environment, that means continue
Slide 5: Strong HY26 performance (continued)
BHP INVESTOR Slide 3: Strong HY26 performance (continued) And across the business, we see potential to unlock up to a total of US$10 billion 6. As always, this will go through our Capital Allocation Framework to be applied to higher returning and more value accretive uses, including both reinvesting
Slide 6: An attractive investment case
BHP INVESTOR Slide 4: An attractive investment case BHP’s strategy remains clear and simple. We invest in highly attractive commodities, operate world-class assets excellently, allocate capital with discipline, and offer a distinctive approach to social value. Our track record is compelling. • Margi
Slide 7: Operational excellence delivered across our portfolio
BHP INVESTOR Slide 5: Operational excellence delivered across our portfolio We have a great strategy and truly world class assets – but probably our greatest strength is the way our teams in BHP come together day after day to deliver value. We prioritise safety, operational reliability and continuou
Slide 8: Diversification delivers growth and resilient cash flow
BHP INVESTOR Slide 6: Diversification delivers growth and resilient cash flow BHP is, intentionally, a diversified miner – rather than a pure play. And although we are the world’s largest copper miner, we have exciting, high value copper growth ahead of us, we don’t aspire to be a copper pure play.
Slide 9: Strong returns supported by disciplined capital allocation
BHP INVESTOR Slide 7: Strong returns supported by disciplined capital allocation Of course, not all cash gets reinvested in growth. That brings me to our Capital Allocation Framework, which locks in a solid base dividend for shareholders of a minimum 50% payout ratio – made even more robust by our c
Slide 10: Vicuña: Developing a top copper/gold district
BHP INVESTOR Slide 8: Vicuña: Developing a top 5 copper /gold district Now, at BHP, we have the most attractive asset portfolio in our industry. Our assets are large, long life, low cost and have options to grow. We also have exciting, bankable portfolios of growth projects I want to just focus on o
Slide 11: Why BHP?
BHP INVESTOR Slide 9: Why BHP? In closing… BHP’s strategy remains clear and simple. We invest in highly attractive commodities… operate world-class assets excellently… allocate capital with discipline… and offer a distinctive approach to social value. Our track record is compelling. • Margins averag
Slide 12: Appendix: Copper assets: Growing attributable CuEq to ~2.5 Mtpa
BHP INVESTOR Appendix Slide 27: Copper assets: Growing attributable CuEq to ~2.5 Mtpa 11
Slide 13: Footnotes
BHP INVESTOR Slide 28: Footnotes 12
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