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BHP’s copper surge powers record results

From australianmining.com.au

BHP’s Australian copper operations are driving record results, with Copper South Australia and Olympic Dam leading production and pushing copper to 51 per cent of underlying EBITDA. “We continue to prosecute our strategy of operational excellence, distinctive social value creation and growth in copper and potash,” BHP chief executive officer Mike Henry said. “We have achieved 30 per cent growth in copper production in the last four years, positioning us ahead of the strengthening copper market that we had anticipated.” Domestic assets remain central to BHP’s strategy. “This half marks a milestone for BHP with copper ... (full story)

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  • Category: Fundamental Analysis