BHP has announced its underlying attributable profit has risen more than 40% to US$23.8 billion for FY22.
The mining company said the strong results were due to safe and reliable operations, project delivery and capital discipline, which allowed them to capture the value of strong commodity prices.
?We expect China to emerge as a source of stability for commodity demand in the year ahead, with policy support progressively taking hold,? said CEO Mike Henry.
Shares in BHP climbed nearly 5 per cent in the opening minutes of trade.