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BHP Reports Flat First-Half Profit; Warns Of Inflation Impact

FILE PHOTO: Small toy figure and mineral imitation are seen in front of the BHP logo in this illustration

Australia's mining giant BHP has announced its first-half financial results, reporting a flat profit compared to the previous year. The company highlighted concerns about the potential impact of inflation and rising interest rates on its future performance.

During the first half of the fiscal year, BHP's profit remained steady, with no significant growth compared to the same period last year. The company attributed this lack of growth to various factors, including market volatility and ongoing challenges in the global economy.

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