BHP

In the first quarter of fiscal year 2026/27, BHP’s copper output fell 19% to 400,700 tonnes, mainly due to maintenance work and extreme weather at its Chilean mines. The group is sticking to its full-year copper guidance despite the decline and points to volatile markets and higher energy and transport costs. The average copper price rose year‑on‑year to $7.01 per pound, while iron ore production edged up to 66.5 million tonnes. BHP still sees structural challenges from declining ore grades and the increasing difficulty of developing new deposits amid growing demand. » Plus sur deraktionaer.de

BHP recorded record production of iron ore and copper in fiscal 2026; copper contributed more than half of EBITDA for the first time. Net debt was below $9bn and the company paid a dividend of $8.7bn, the highest in four years. Management sees the copper growth portfolio as financeable from internal cash flows and plans expansions in Chile, Argentina, South Australia and long‑term options in the USA. Risks remain from higher fuel costs (around $200m impact), safety incidents and union tensions in Western Australia; the share price reacted only moderately positively. » Plus sur de.investing.com

BHP has obtained an initial environmental permit to proceed with $1.3 billion of early-stage projects at the Escondida copper mine, including sulphide leaching operations and electricity infrastructure upgrades. The approval advances BHP's broader Chile investment plan of $10.7–$14.7 billion to address declining ore grades and support its goal of more than doubling global copper output to over two million tonnes by the mid-2030s. BHP holds a 57.5% interest in Escondida, with remaining stakes held by Rio Tinto and a consortium of Japanese companies. » Plus sur finance.yahoo.com