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Investing.com-- BHP Group (ASX:BHP) on Friday posted a strong rebound in fourth-quarter iron ore and copper output, helping lift annual production to record levels, driven by strong operational performance across key assets.
In the June quarter, iron ore production rose 14% from the prior quarter to 70.3 million tonnes, as operations recovered from weather disruptions earlier in the year.
For fiscal 2025, BHP reported record annual iron ore production from its Western Australia Iron Ore (WAIO) operations, with output reaching 290 million tonnes on a 100% basis, up 1% year-on-year.
Copper production also improved, rising 1% quarter-on-quarter to 516,200 tonnes in Q4, with full-year output climbing 8% to a record 2.02 million tonnes.
Chile’s Escondida mine led the gains, hitting a 17-year high, while Spence and Copper South Australia also set production records.
Looking ahead, BHP expects fiscal 2026 WAIO production to remain robust at 284–296 million tonnes, while copper production is forecast at 1.8–2.0 million tonnes, reflecting planned lower grades in Chile.
The company noted resilient demand from China’s infrastructure and green energy sectors but warned of potential headwinds from global economic volatility.