BHP’s Copper Surge Powers New Strategy | Business and Finance News

BHP just shattered earnings records with a 27% jump in EBITDA to $32.9 billion, fueled by soaring copper prices and operational efficiency—and they’re betting big on copper as the future. Now generating over half of their EBITDA with a 70% profit margin, copper is outpacing iron ore as the company plans to invest billions to scale production by 40% over the next decade, targeting annual growth of 5%. With global supply tightening expected to create a 10-million-ton deficit, BHP’s expansion—fueled by projects in South Australia and Argentina-Chile—is designed to capture rising demand from electrification and data centers. Meanwhile, iron ore remains a cash cow, with new WA mines in the pipeline, and their Canadian potash project set to launch in mid-2027. Copper’s rise isn’t just a trend—it’s the new engine driving BHP’s long-term strategy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/be93e28a716ccca8