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AAP
AAP
Business
Marion Rae

BHP surges on record FY, coy on OZ Min bid

BHP has posted a "huge" full-year result and record dividend on surging commodity prices, record iron ore sales from its Western Australian operations, and discipline on costs.

Chief Executive Mike Henry told reporters on Tuesday it had been a "record" year for BHP - record underlying earnings, record free cashflow and a record return of dividends to shareholders.

The resources giant reported an underlying profit from continuing operations for the year to June 2022 of $US21.3 billion ($A30.3 billion), up 26 per cent.

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