18-07-2025
- Business
- Wall Street Journal
BHP Lifts Annual Iron Ore, Copper Output; Flags Higher Costs, Delays on Potash Project
Mining giant BHP BHP 0.00%increase; green up pointing triangle Group said it produced more iron ore and copper over the past year, but flagged possible delays and cost increases at the giant potash project it is building in Canada's Saskatchewan province.
The world's No. 1 miner by market value on Friday reported iron-ore production of 263.0 million metric tons for the 12 months through June, up 1% on the year earlier. Iron ore, used to make steel, accounts for more than half of BHP's earnings.
