BHP March Quarter Copper Production Declined, Fiscal Year Production Estimate Maintained Unchanged

BHP Group announced in its earnings report on Wednesday that annual copper production will reach the upper half of its guidance range.

The company stated that due to weak performance at its Escondida and Pampa Norte copper mine operations in Chile, Q3 copper production fell 7% YoY to 476,800 mt, below expectations of 479,200 mt.

Among them, Escondida copper mine production was 303,200 mt, down 9% YoY; Pampa Norte copper mine production was 44,600 mt, down 34% YoY.

For fiscal year 2026 year-to-date (through month-end March), copper production was 1.4609 million mt, down 3% from the previous fiscal year.

The company stated that annual copper production is expected to reach the upper half of the guidance range of 1.9-2 million mt.

Below are the production details: (unit: kt)

　　
　　(Wenhua Composite)