BHP Group (LSE:BHP) Construction In Progress : £0 Mil (As of Dec. 2023)

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What is BHP Group Construction In Progress?

BHP Group's quarterly construction in progress increased from Dec. 2022 (£0 Mil) to Jun. 2023 (£11,282 Mil) but then declined from Jun. 2023 (£11,282 Mil) to Dec. 2023 (£0 Mil).

BHP Group's annual construction in progress declined from Jun. 2021 (£7,969 Mil) to Jun. 2022 (£7,921 Mil) but then increased from Jun. 2022 (£7,921 Mil) to Jun. 2023 (£11,282 Mil).

BHP Group Construction In Progress Historical Data

The historical data trend for BHP Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BHP Group Construction In Progress Chart

BHP Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Construction In Progress

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8,796.56

11,005.43

7,969.20

7,921.06

11,282.04

BHP Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															-	7,921.06	-	11,282.04	-

BHP Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

BHP Group (LSE:BHP) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

BHG:South Africa BHPLF:USA BHP:USA BHPN:Mexico BHPl:UK BHP1:Germany BHP:Australia BHP:Argentina

Address

171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000

Website

https://www.bhp.com

BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. BHP is growing its nickel business to supply more battery grade nickel and is also entering the potash market through the development of its Jansen mine in Canada. It also purchased copper miner Oz Minerals in fiscal 2023.