REG - BHP Group Limited - BHP 2025 Economic Contribution Report Extract
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RNS Number : 8088V BHP Group Limited 19 August 2025
Issued by: BHP Group Limited
Date: 19 August 2025
To: London Stock Exchange
JSE Limited
For Release: Immediately
Contact: Anthony Sciuto +61 412 434 347
BHP Group Limited - Economic Contribution Report 2025
Introduction
Our Economic Contribution Report (Report) for the year ended 30 June 2025 was
released today.
On 13 August 2025 we marked the 140th year in BHP's storied history. It's a
remarkable story of evolution and reinvention, and one this company and all
involved with it can be proud of. The world needs more of the materials we
produce to develop, decarbonise and digitalise. We remain well positioned to
sustainably meet this demand and create long-term value for our shareholders,
local communities, customers, suppliers and partners.
BHP delivered another strong set of results in FY2025, enabled by our great
people, disciplined execution of our strategy, world‑class assets,
operational excellence and through financial rigour underpinned by our Capital
Allocation Framework. We achieved an underlying EBITDA of US$26 billion and
invested US$9.8 billion in capital and exploration expenditure. As at 30 June
2025, our net debt was US$12.9 billion.
We can be proud of BHP's financial performance in FY2025 but there's plenty
more still to do. We have a significant pipeline of growth ahead of us and we
are well positioned to fund it with the strength of our balance sheet and our
confidence in our capabilities.
BHP has a long-standing commitment to transparency. We have disclosed details
of our tax and royalty payments for 25 years and we have continually updated
and expanded our disclosures. We recognise taxes and royalties are important
sources of government revenue and central to the fiscal policy and
macroeconomic stability of countries. Paying the right amount of taxes and
royalties enables governments to finance and deliver on their development
plans for the benefit of the broader community to promote sustainable economic
growth, full and productive employment, and reduce poverty and inequality
within and among countries. The BHP Economic Contribution Report aims to
provide a greater understanding of BHP's global tax profile, tax contributions
and the way we govern and manage our tax obligations.
BHP is subject to the different tax regimes and complies with applicable tax
laws in all the countries where we operate. BHP also provides information to
tax authorities (in accordance with the Organisation for Economic Co-operation
and Development (OECD) Country-by-Country reporting requirements) that
includes details of how we conduct our business and how BHP's entities
transact with each other.
Our Economic Contribution Report 2025 has today been submitted to the FCA
National Storage Mechanism and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) . It is also
available to be downloaded on the BHP website at:
https://www.bhp.com/-/media/Documents/Investors/Annual-Reports/2025/250819_bhpeconomiccontributionreport2025.pdf
(https://www.bhp.com/-/media/Documents/Investors/Annual-Reports/2025/250819_bhpeconomiccontributionreport2025.pdf)
BHP's total direct economic contribution for FY2025 was US$46.8 billion. This
includes contribution to suppliers, wages and benefits for over 90,000
employees and contractors, dividends, taxes, royalties and voluntary
investment in social projects across the communities where we operate.
In FY2025, our tax, royalty and other payments to governments totalled US$10.4
billion. Of this, 65 per cent or US$6.8 billion was paid in Australia. BHP
remains one of the largest taxpayers in Australia. During the last decade, we
paid US$98.1 billion globally in taxes, royalties and other payments to
governments, including US$78.1 billion (approximately A$103.1 billion) in
Australia.
Below are extracted sections of our full Economic Contribution Report 2025
that together meet our UK regulatory obligations under DTR 4.3A of the
Financial Conduct Authority's Disclosure Guidance and Transparency Rules and,
where required by DTR 4.3A, the Reports on Payments to Governments Regulations
2014 (as amended).
Our payments to governments
BHP has prepared this information in accordance with our UK regulatory
obligations under DTR 4.3A of the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules, and on the basis set out in the Basis of
Report preparation and Glossary sections of the Economic Contribution Report
FY2025.
Payments made by country and level of government
US$M Corporate income tax Royalty-related income tax Total taxes paid Royalties Fees Payments for infrastructure improvements Total payments as defined by the UK Requirements Other payments Total payments to governments
Total payments to governments 6,003.6 1,262.9 7,266.5 2,617.1 43.0 11.7 9,938.3 424.3 10,362.7
Australia 3,898.9 - 3,898.9 2,502.5 30.4 0.9 6,432.6 378.9 6,811.5
Australian Taxation Office 3,898.9 - 3,898.9 - - - 3,898.9 36.0 3,934.8
Australian Communications and Media Authority - - - - 0.2 - 0.2 - 0.2
Central Highlands Regional Council (Queensland) - - - - - - - 0.3 0.3
City of Kalgoorlie-Boulder (Western Australia) - - - - - - - 0.2 0.2
City of Kwinana (Western Australia) - - - - - - - 0.1 0.1
City of Rockingham (Western Australia) - - - - - - - 0.1 0.1
Clean Energy Regulator - - - - - - - 3.8 3.8
Coal Mining Industry (Long Service Leave Funding) Corporation - - - - - - - 20.1 20.1
Isaac Regional Council (Queensland) - - - - - - - 7.8 7.8
Mackay Regional Council (Queensland) - - - - - - - 0.6 0.6
Municipal Council of Roxby Downs (South Australia) - - - - - - - 1.5 1.5
Muswellbrook Shire Council (New South Wales) - - - - - 0.1 0.1 2.8 2.9
Shire of Ashburton (Western Australia) - - - - - - - 0.7 0.7
Shire of East Pilbara (Western Australia) - - - - - - - 5.8 5.8
Shire of Leonara (Western Australia) - - - - - - - 1.0 1.0
Shire of Ngaanyatjarraku (Western Australia) - - - - - - - 0.1 0.1
Shire of Wiluna (Western Australia) - - - - - - - 1.4 1.4
State of New South Wales - - - 164.9 2.7 - 167.6 12.1 179.6
State of Queensland - - - 498.9 1.3 - 500.2 68.1 568.3
State of South Australia - - - 160.3 5.8 - 166.1 44.3 210.4
State of Victoria - - - - - - - 7.7 7.7
State of Western Australia - - - 1,678.4 19.9 0.8 1,699.1 145.4 1,844.6
The Office of the National Rail Safety Regulator - - - - 0.4 - 0.4 - 0.4
Town of Port Hedland (Western Australia) - - - - - - - 18.9 18.9
Other Australian governments - - - - 0.1 - 0.1 0.1 0.2
Brazil 5.8 - 5.8 2.4 - - 8.2 0.9 9.1
Federal Tax Revenue Ministry 5.8 - 5.8 - - - 5.8 0.9 6.7
National Mining Agency - - - 2.4 - - 2.4 - 2.4
Canada 25.0 - 25.0 - 8.3 10.8 44.1 4.7 48.8
Canada Revenue Agency 26.7 - 26.7 - - - 26.7 0.8 27.5
Finances Quebec (0.5) - (0.5) - - - (0.5) 0.1 (0.4)
Government of British Columbia (1.1) - (1.1) - - - (1.1) - (1.1)
Government of Saskatchewan - - - - 8.3 - 8.3 - 8.3
Ontario Ministry of Revenue - - - - - - - 0.3 0.3
Rural Municipality of Leroy (Saskatchewan) - - - - - 2.7 2.7 3.2 5.9
Rural Municipality of Prairie Rose (Saskatchewan) - - - - - 6.7 6.7 0.1 6.8
Rural Municipality of Usborne - - - - - 1.3 1.3 - 1.3
Other Canadian governments - - - - - - - 0.2 0.2
Chile 1,802.3 1,262.9 3,065.2 112.3 3.8 - 3,181.3 30.9 3,212.2
Servicio De Impuestos Internos 1,802.3 1,262.9 3,065.2 112.3 3.8 - 3,181.3 30.9 3,212.2
China 8.9 - 8.9 - - - 8.9 - 8.9
China Tax Bureau 8.9 - 8.9 - - - 8.9 - 8.9
Ecuador - - - - 0.1 - 0.1 0.2 0.2
Servicio De Rentas Internas - - - - - - - 0.1 0.1
Other Ecuador governments - - - - 0.1 - 0.1 0.1 0.1
India 0.5 - 0.5 - - - 0.5 - 0.5
Income Tax Department 0.5 - 0.5 - - - 0.5 - 0.5
Japan 0.5 - 0.5 - - - 0.5 - 0.5
National Tax Agency 0.5 - 0.5 - - - 0.5 - 0.5
Malaysia 1.2 - 1.2 - - - 1.2 0.2 1.4
Inland Revenue Board 1.2 - 1.2 - - - 1.2 - 1.2
Human Resources Development Corp. - - - - - - - 0.2 0.2
Netherlands 4.4 - 4.4 - - - 4.4 - 4.4
Tax and Customs Administration 4.4 - 4.4 - - - 4.4 - 4.4
Peru 18.7 - 18.7 - - - 18.7 - 18.7
National Superintendency of Customs and Tax Administration 18.7 - 18.7 - - - 18.7 - 18.7
Philippines 0.8 - 0.8 - - - 0.8 0.5 1.2
Bureau of Internal Revenue 0.5 - 0.5 - - - 0.5 0.5 1.0
City of Taguig 0.3 - 0.3 - - - 0.3 - 0.3
Singapore 70.2 - 70.2 - - - 70.2 - 70.2
Inland Revenue Authority of Singapore 70.2 - 70.2 - - - 70.2 - 70.2
Switzerland 3.5 - 3.5 - - - 3.5 0.1 3.6
Canton of Zug 3.5 - 3.5 - - - 3.5 0.1 3.6
United Kingdom 56.0 - 56.0 - - - 56.0 4.6 60.6
City of Westminster - - - - - - - 0.8 0.8
HM Revenue & Customs 56.0 - 56.0 - - - 56.0 3.8 59.8
United States of America 106.9 - 106.9 - 0.4 - 107.4 3.5 110.8
Arizona Department of Economic Security - - - - - - - 0.1 0.1
Arizona Department of Revenue - - - - 0.1 - 0.1 - 0.1
Gila County Treasurer - - - - - - - 0.1 0.1
Pinal County Sheriff's Office - - - - - - - 0.4 0.4
Texas Comptroller 0.1 - 0.1 - - - 0.1 - 0.1
U.S. Department of the Treasury 106.8 - 106.8 - - - 106.8 2.8 109.6
U.S. Nuclear Regulatory Commission - - - - 0.2 - 0.2 - 0.2
Utah State Tax Commission - - - - 0.1 - 0.1 - 0.1
Other US governments - - - - - - - 0.2 0.2
Figures are rounded to the nearest decimal point. As a result, there may be
discrepancies in the subtotals or totals due to rounding.
Payments made by project
US$M Corporate income tax Royalty-related income tax Total taxes paid Royalties Fees Payments for infrastructure improvements Total payments as defined by the UK Requirements Other payments Total payments to governments
Total payments to governments 6,003.6 1,262.9 7,266.5 2,617.1 43.0 11.7 9,938.3 424.3 10,362.7
Minerals Americas 1,841.1 1,262.9 3,104.0 114.7 12.2 10.8 3,241.7 36.2 3,277.9
BHP Billiton Brasil Ltda(1) 2.3 - 2.3 - - - 2.3 0.9 3.2
Escondida 1,705.1 1,262.9 2,968.0 112.3 - - 3,080.3 25.8 3,106.1
Other Copper 14.5 - 14.5 2.4 1.4 - 18.3 0.3 18.7
Pampa Norte 93.8 - 93.8 - 2.4 - 96.2 4.9 101.1
Potash Canada (1.1)(2) - (1.1) - 8.3 10.8 18.0 4.3 22.3
RAL Cayman Inc(3) 26.5 - 26.5 - - - 26.5 - 26.5
Minerals Australia 4,344.4 - 4,344.4 2,502.5 30.0 0.9 6,877.8 356.7 7,234.5
BHP Mitsubishi Alliance(4) 373.8 - 373.8 498.9 1.3 - 874.0 80.7 954.7
Copper South Australia 135.4 - 135.4 160.3 5.6 - 301.3 45.5 346.8
New South Wales Energy Coal (3.8)(2) - (3.8) 164.9 2.7 0.1 163.9 19.4 183.3
Other Coal (15.7)(2) - (15.7) - - - (15.7) 29.9 14.3
Western Australia Iron Ore 3,924.2 - 3,924.2 1,658.7 15.5 0.8 5,599.2 148.0 5,747.2
Western Australia Nickel (69.6)(2) - (69.6) 19.8 4.9 - (44.9) 33.1 (11.8)
Group and Unallocated (181.9) - (181.9) - 0.8 - (181.1) 31.4 (149.7)
Commercial 30.6 - 30.6 - - - 30.6 0.1 30.7
Corporate(5) (220.3)(2) - (220.3) - - - (220.3) 30.3 (190.0)
Other 7.8 - 7.8 - 0.8 - 8.6 1.0 9.6
Figures are rounded to the nearest decimal point. As a result, there may be
discrepancies in the subtotals or totals due to rounding.
1. Holding company of Samarco equity accounted investment.
2. Includes refunds in relation to prior periods.
3. Holding company of Antamina equity accounted investment.
4. Royalties, fees and other payments made by BM Alliance Coal
Operations Pty Limited have been included in total payments to the extent of
BHP's ownership of the operating entity, being 50 per cent.
5. The corporate income tax amount predominantly reflects the allocation
of the Australian corporate income tax liability among members of the
Australian tax consolidated group. For more information refer to Basis of
Report preparation section.
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