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BHP's balance sheet, as of June 30, 2022, looks strong, with its cash and cash equivalents exceeding its interest bearing liabilities.
Given even in the midst of the Covid pandemic copper held above $2/lb, BHP's primary assets look well positioned.
The miner, whose shareholders will have a chance to approve or reject BHP's $9.6 billion takeover offer in late March or early April, said it produced a record 36,307 tonnes of copper in the fourth quarter, up 12.8 per cent from a year ago.
Source: https://www.perthnow.com.au/business/mining/oz-minerals-warns-of-higher-power-costs-c-9598570