BHP’s Copper, Iron Ore Output Rose in 2nd Quarter

BHP’s Copper, Iron Ore Output Rose in Second Quarter
The mining giant posted a sharp rise in second-quarter copper production thanks to a jump in output at Escondida, the world’s largest copper mine.
BHP posts big quarterly copper production gains while iron ore stays flat
BHP (NYSE:BHP) said copper production jumped 17% Y/Y in its fiscal Q2, helping to overcome results from its traditional iron ore asset base which finished nearly flat due to softening demand. In its latest operational review,
BHP's Copper, Iron Ore Output Rises -- Update
BHP has been gradually raising output from the iron-ore mines that it runs in Australia by making improvements to its supply chain, including to its port infrastructure. In fiscal 2024, it reported a second consecutive year of record iron-ore production from those operations, which rank among the largest in the world.
BHP’s iron ore, copper output surge on mine improvements
Production rose because of supply chain improvements, with a record amount of iron ore delivered from the Central Pilbara hub.
Rio Tinto’s Iron Ore Exports Slip as Copper Output Ramps Up
Rio Tinto Group, the world’s top iron ore exporter, said shipments of the steelmaking material slipped in the fourth quarter, as demand from China remained lackluster and production at some mines declined.
BHP achieves iron ore and copper records
BHP delivered strong iron ore production in the second half of 2024 with WAIO shipping record half-year tonnes though the Port Hedland port.
BHP’s Surge in Copper Output Takes Up Slack From Iron Ore
BHP Group’s copper output surged 17% in its second quarter, taking up some of the slack from its traditional asset base iron ore which was largely unchanged amid softening demand. Most Read from Bloom
BHP Expects Annual Iron Ore Output at Upper End of Guidance -- Commodity Comment
BHP Group, the world's No. 1 miner by market value, on Tuesday reported a 17% rise in second-quarter copper output. It said iron-ore production rose 1% year over year, while steelmaking coal output fell following the sale of two mines.
BHP Posts 1H25 Production: Iron Ore Inches Up 1% Y/Y, Copper Rises 10%
BHP Group BHP announced that its iron ore production rose 1% year over year to 66.2 Mt in the second quarter of fiscal 2025 (ended Dec. 31, 2024). Higher production at Western Australia Iron Ore ("WAIO") as a result of strong supply-chain performance was partially offset by significant wet weather.
BHP’s iron ore, copper production increases due to efficiency improvements
BHP anticipates a global copper deficit of 10mt within a decade, prompting plans to invest at least $11bn (A$17.68bn) in Escondida and other projects in Chile.
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