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BHP - quarterly activities report
BHP reported strong operational performance for the year ending 30 June 2026, with record iron ore and copper production, disciplined costs, and a robust growth pipeline. Copper output was approximately 2 million tonnes, with unit costs at the bottom end of guidance, supported by operational efficiencies and favourable prices, which increased 35% year-on-year. Iron ore production reached 265 million tonnes, maintaining guidance, driven by supply chain resilience. The company advanced key growth projects, including the restart of Cerro Colorado and expansion in the US and Canada, with a total capital expenditure of around USD8.4 billion. BHP remains confident in long-term demand for its commodities amid resilient global economic conditions. The company also strengthened strategic partnerships and leadership, with new appointments and collaborations to support its growth and sustainability objectives.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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