BHP sticking with spending strategy amid coronavirus shock

BHP Group will stick with its capital allocation framework, which assesses the best way to deploy spending across the group, despite the impact of the coronavirus pandemic, CEO Mike Henry said.

Speaking at a virtual presentation at Bank of America, Henry said the framework, introduced in 2016, had "been a game changer" for the company. "It’s helped us to drive high quality returns and growth, so it’s not going anywhere," he said.