BHP (ASX:BHP) Reports Record Copper and Iron Ore Production
Operational Achievements
BHP delivered record nine-month copper production of 1.5 million tonnes, driven by a 20% increase at Escondida and strong performances across other assets. Iron ore production also reached a record 193 million tonnes, demonstrating resilience despite Tropical Cyclone Zelia and Tropical Storm Sean.
Growth and Sustainability
The company remains on track to meet or exceed FY25 production guidance across key assets. BHP is extending the life of the Los Colorados concentrator beyond FY29, adding approximately 400 kt of incremental production. Additionally, BHP achieved 40% female representation globally (a 23% point increase since 2016) and is committed to reducing operational greenhouse gas emissions by at least 30% by FY30.
Executive Comments
BHP Chief Executive Officer Mike Henry stated, “BHP’s performance in FY25 to date demonstrates the resilience of our business, with our copper and iron ore operations achieving record nine-month production amid challenging operating and market conditions.”
Motley Fool contributor Matt Burgess has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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