BHP Cuts Dividend as Softer Commodity Prices Dent Profit

The transcript discusses BHP's recent earnings, highlighting a decline in profits due to lower commodity prices and a dividend cut. Despite this, BHP is optimistic about future demand driven by China's reopening. The company is reshaping its portfolio, divesting from coal, and focusing on future-facing minerals like potash. Market reactions are mixed, with skepticism about the outlook. Key questions remain about China's impact on demand.

What is the significance of the divestment from coal for BHP?

What are the expectations regarding China's economic recovery and its impact on BHP?