BHP Group Ltd [ASX] (BHP)

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BHP Group Ltd [ASX] (BHP) Profile

BHP Group Ltd (BHP.xasx) is a leading global resources company headquartered in Melbourne, Australia. BHP extracts and processes minerals, oil and gas with 80,000 employees and contractors primarily in Australia and the Americas. BHP products include iron ore, copper, nickel, metallurgical coal, petroleum and potash, and they are available worldwide, with sales and marketing led through Singapore and Houston, United States. BHP Group operations involve four processing hubs and five mines, connected by more than 1,000 km of rail infrastructure and port facilities in the Pilbara region of northern Western Australia. The BHP Group Ltd stock is listed on the New York Exchange (NYSE), had a market capitalisation of $169,67B (USD) as of January 2022, and $42,93B (USD) in 2020 yearly revenue. BHP Group partnership with Caterpillar Inc and Komatsu to develop zero-emissions haul trucks and separate agreements for renewable energy supply contracts at BHP’s Nickel West, Escondida, Queensland coal mines and Olympic Dam operations as well as a solar farm at Nickel West. BHP will purchase four battery-electric locomotives and conduct trials at its Western Australia Iron Ore rail network in order to reduce its operational emissions and schedule for delivery in late 2023.

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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