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’s Iron-Ore Output Edges Up; Copper Production Surges 17%
BHP Group said iron ore output in its second quarter edged up 1% from the year before, as long-term demand for the steelmaking material is pressured by a bleaker outlook for China’s economy.
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 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.
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.
Rio Tinto Produced Slightly Less Iron Ore, More Copper Last Year
The miner said it produced and shipped slightly less of the steelmaking ingredient iron ore in 2024, but mined more copper, bauxite and made more aluminum.
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.
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