What were BHP's fourth-quarter copper production figures, and how did they compare to estimates and the prior year?

BHP produced 491.9 thousand metric tons of copper in the quarter ended June 30, slightly below the Visible Alpha estimate of 492.7 Kt and down from 516.2 Kt in the same period last year. The decline was driven by lower output at Escondida and Pampa Norte, as well as an unexpected underground conveyor belt failure at Carrapateena in South Australia, which is expected to impact mine production for up to eight weeks.

What is BHP's copper production outlook for fiscal year 2027, and what is the primary reason for the expected decline?

For fiscal year 2027, BHP expects copper production to be between 1,650 Kt and 1,800 Kt, down from 1,952.8 Kt in fiscal 2026, primarily due to a forecast grade decline at Escondida.

BHP misses quarterly copper output estimates, flags lower Chilean production

Jul 15, 2026

BHP Group missed fourth-quarter copper estimates due to operational issues, flagging lower Chilean output for next year. The miner also approved $900 million for the Ministers North iron ore project despite missing quarterly iron ore estimates.

reuters

2026-07-10

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2026-07-15

BHP misses quarterly copper output estimates, flags lower Chilean production

BHP misses quarterly copper output estimates, flags lower Chilean production

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