BHP (BHP,BBL,BLT.L,BHP.AX,BHP.L,BHG.JO) stated that it has delivered strong performance over the past nine months, including record material mined and concentrator throughput at Escondida and record production at WAIO. Total copper production decreased 3% to 1,461 kt. Iron ore production increased 2% to 197 Mt.
Fiscal 2026 Group copper production is now expected to be in the upper half of the guidance range. Samarco is now expected to achieve the top end of its fiscal 2026production guidance range. Iron ore production guidance for fiscal 2026 remains unchanged at between 258 and 269 Mt.
BHP Chief Executive Officer, Mike Henry, said: "In copper, strong performance at Escondida and Antamina supports our expectation of delivering production in the upper half of fiscal 2026 Group copper guidance."
BHP Group is trading at A$56.42, up 1.65%.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.