The Australian-British multinational mining, metals and petroleum company BHP contributed up to $40 billion to the Australian economy in the 2023 financial year, according to BHP's 2023 Economic Contribution Report released on Monday.
The report showed that the company spent almost $12.8 billion with Australian suppliers in 2023, paid $12.1 billion to the government, and distributed $11.8 billion to Australian shareholders.
'BHP remains one of the largest taxpayers in Australia, delivering over $100 million in taxes and royalties to federal and state governments over the past 10 years,' BHP Chief Financial Officer David Lamont was quoted as saying in the statement.
According to the report, the corporation also paid out $3.6 billion in employee compensation and invested $58 million in the community.
'BHP's dividends benefit roughly 17 million Australians who hold shares in the company, either as direct investors or through their superannuation,' Lamont said.
'BHP is a major contributor to Australia's national economy and regional communities through jobs, training, local and Indigenous suppliers, taxes, royalties, and social investments. We will continue to work in partnership with our many stakeholders to support Australia’s economic prosperity as we deliver the minerals needed for global economic development and decarbonization,' BHP President Geraldine Slattery said.
By Duygu Alhan
Anadolu Agency
energy@aa.com.tr