BHP Profit Swells on Surging Iron Ore Prices

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  • Bloomberg Markets and Finance published this video item, entitled “BHP Profit Swells on Surging Iron Ore Prices” – below is their description.

    Feb.15 — BHP Group reported a 16% rise in its first-half profit as record production from its iron ore operations in Western Australia helped it cash in on sharp price gains. Paul Allen reports on “Bloomberg Daybreak: Australia.”

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    In This Story: Western Australia

    Western Australia, covering the entire western third of the country, is made up mostly of the arid Outback. Its population is concentrated in its fertile southwest corner, home to the Margaret River wine region and the riverside capital, Perth. In the far north, the Kimberley region is home to ancient Aboriginal rock art, the Bungle Bungle sandstone domes and Broome, with Cable Beach camels and a pearling industry.

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