Part 5/11:
Remarkably, BHP’s share price responded positively to the announcement, rising about 1¾% during the market open. This resilience indicates that investors are still confident in BHP’s long-term prospects, possibly buoyed by the record production figures and the overall strength of the commodities market. Currently, BHP’s market capitalization is estimated at around AUD 21 billion, with annual profits expected to be around AUD 30 billion. The mere billion-dollar increase in the fertilizer project’s costs appears manageable in comparison to the company’s vast revenue streams.