BHP Group (Stock Symbols – NYSE: BHP, ASX: BHP, LSE: BHP, JSE: BHP) is one of the world’s largest resource companies producing a variety of commodities for global consumption.

They provide the world with critical products, including uranium, petroleum, copper, coal, iron ore, potash, silver, metallurgical coal, molybdenum, gold, nickel, natural gas, oil, and zinc.

The company’s products are vital to the decarbonization of our world. The graphic they provided below demonstrates future demand for their products under multiple scenarios.

BHP Commodities in a Decarbonized World
BHP Commodities in a Decarbonized World. Source: BHP

BHP Group is a large multinational corporation with a market capitalization over $100 Billion. The company operates in 20 countries around the world and employs about 72,000.

BHP Group’s largest uranium mine is the mighty Olympic Dam, approximately 350 miles north of Adelaide, Australia.

Olympic Dam purchased in 2005 with a $7.3 billion bid for WMC Resources and has operated the mine ever since.

You may not know that Olympic Dam is the fourth largest copper deposit and that uranium production is not its main product.

For the gold and silver bugs out there, this mine also produces about a half gram of gold per tonne and six grams of silver per tonne. 

Notably, the Olympic Dam is the world’s largest single uranium deposit.

In 2019, the company produced 7,860,000 pounds of uranium for consumption by global consumers.

This underground mine contains an extraordinary overall uranium resource of around 6 billion pounds.

The mining depth begins at approximately 1,100 feet below the surface and extends to almost 3,280 feet below the surface.

Olympic Dam consists of both surface and underground operations and includes a fully integrated processing facility with solvent extraction circuits for copper and uranium.

The Olympic Dam mine includes more than 280 miles of underground roads and tunnels.

Incredibly, they use automated train systems inside the mine.

These trains haul ore mined underground to crushing, storage, and ore hoisting facilities.

Suppose you are interested in the uranium market and want a less concentrated exposure to this individual commodity.

In that case, this company may provide that option for you with its diversified commodity base and global presence.

BHP Group was incorporated in 1885 as Broken Hill Properties Company.

The company headquarters is in Melbourne, Australia.

The BHP group is full of discussions, presentations, and company announcements. If you’re looking to be engaged, this is the place for it!

Discuss the company in more detail and dive deeper into organized conversations in the BHP Group forum.

Previous Uranium Stock -> Berkeley Energia

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Copper is essential to life and our modern society. It’s an excellent conductor of electricity and is used in a broad range of everyday household products. Learn more:

Shareholders support BHP’s proposal to unify our Dual Listed Company structure to a single parent company under BHP Group Limited. More at

Discover more about our performance for the half year ended 31 December 2021, in our Operational Review, released today:

Learn about our performance for the half year ended 31 December 2021, in our Operational Review, released today:

Hemos publicado nuestra Revisión Operativa para el trimestre finalizado el 31 de decembre de 2021. Descubra más:

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