BHP Profit Jumps 30% on Copper Price and Record Iron Ore Output
Earnings·1 article across 1 outlet
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BHP Group’s profit rose by almost a third as buoyant commodity prices lifted earnings, with its full-year revenue from copper overtaking iron ore for the first time.
This marks a significant shift in BHP's revenue dynamics, highlighting the growing importance of copper in its portfolio.
BHP
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“BHP Group’s profit rose by almost a third as buoyant commodity prices lifted earnings, with its full-year revenue from copper overtaking iron ore for the first time.”
Bloomberg — BHP Profit Jumps 30% on Copper Price and Record Iron Ore Output