BHP Results for the year ended 30 June 2021
These forward-looking statements are based on the information available as at the date of this release and/or
the date of the Groups planning processes or scenario analysis processes. There are inherent limitations with scenario analysis and it is difficult to predict which, if any, of the scenarios might eventuate. Scenarios do not constitute
definitive outcomes for us. Scenario analysis relies on assumptions that may or may not be, or prove to be, correct and may or may not eventuate, and scenarios may be impacted by additional factors to the assumptions disclosed. Additionally, forward
looking statements in this release are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results to differ
materially from those expressed in the statements contained in this release. BHP cautions against reliance on any forward-looking statements or guidance, particularly in light of the current economic climate and the significant volatility,
uncertainty and disruption arising in connection with COVID-19.
For example, our future revenues from our assets,
projects or mines described in this release will be based, in part, upon the market price of the minerals, metals or petroleum produced, which may vary significantly from current levels. These variations, if materially adverse, may affect the timing
or the feasibility of the development of a particular project, the expansion of certain facilities or mines, or the continuation of existing assets.
Other factors that may affect the actual construction or production commencement dates, costs or production output and anticipated lives of assets, mines or
facilities include our ability to profitably produce and transport the minerals, petroleum and/or metals extracted to applicable markets; the impact of foreign currency exchange rates on the market prices of the minerals, petroleum or metals we
produce; activities of government authorities in the countries where we sell our products and in the countries where we are exploring or developing projects, facilities or mines, including increases in taxes; changes in environmental and other
regulations, the duration and severity of the COVID-19 pandemic and its impact on our business; political uncertainty; labour unrest; and other factors identified in the risk factors discussed in BHPs
filings with the U.S. Securities and Exchange Commission (the SEC) (including in Annual Reports on Form 20-F) which are available on the SECs website at www.sec.gov.
Except as required by applicable regulations or by law, BHP does not undertake to publicly update or review any forward-looking statements, whether as a
result of new information or future events.
Past performance cannot be relied on as a guide to future performance.
No offer of securities
Nothing in this release should be
construed as either an offer, or a solicitation of an offer, to buy or sell any securities, or a solicitation of any vote or approval, in any jurisdiction, or be treated or relied upon as a recommendation or advice by BHP. No offer of securities
shall be made in the United States absent registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements.
Reliance on third party information
The views expressed
in this release contain information that has been derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. This
release should not be relied upon as a recommendation or forecast by BHP.
No financial or investment advice South Africa
BHP does not provide any financial or investment advice as that term is defined in the South African Financial Advisory and Intermediary Services
Act, 37 of 2002, and we strongly recommend that you seek professional advice.
BHP and its subsidiaries
In this release, the terms BHP, the Company, the Group, BHP Group, our business,
organisation, we, us, our and ourselves refer to BHP Group Limited, BHP Group plc and, except where the context otherwise requires, their respective subsidiaries as defined in note 29
Subsidiaries in section 5.1 of BHPs 30 June 2020 Annual Report and Form 20-F. Those terms do not include non-operated assets.
This release covers BHPs assets (including those under exploration, projects in development or execution phases, sites and closed operations) that have
been wholly owned and/or operated by BHP and that have been owned as a joint venture(1) operated by BHP (referred to in this release as operated assets or operations)
during the period from 1 July 2020 to 30 June 2021. Our functions are also included.
BHP also holds interests in assets that are owned as a
joint venture but not operated by BHP (referred to in this release as non-operated joint ventures or non-operated assets). Our non-operated assets include Antamina, Cerrejón, Samarco, Atlantis, Mad Dog, Bass Strait and North West Shelf. Notwithstanding that this release may include production, financial and other information from non-operated assets, non-operated assets are not included in the BHP Group and, as a result, statements regarding our operations, assets and values apply only to our operated
assets unless stated otherwise.
(1)
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References in this release to a joint venture are used for convenience to collectively describe
assets that are not wholly owned by BHP. Such references are not intended to characterise the legal relationship between the owners of the asset.
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