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Corporate Score 45 Bearish

BHP Reports 3% Decline in Nine-Month Copper Production

Apr 22, 2026 04:09 UTC
BHP, BHP.AX, BLT.L
Short term

Mining giant BHP has seen a slight dip in total copper output despite record-breaking performance at its Escondida and WAIO operations.

  • Total copper production fell by 3%
  • Escondida achieved record material mined
  • Escondida reported record concentrator throughput
  • WAIO operations reached record production levels
  • Total production figure reported at 1.46

BHP has released its production results for the first nine months of the year, revealing a 3% decrease in total copper production. The company reported that total output for the period stood at 1.46. Despite the overall decline in copper volume, the company highlighted significant operational achievements at its primary sites. BHP reported record material mined and record concentrator throughput at Escondida, one of the world's largest copper mining operations. Furthermore, the company achieved record production levels at its WAIO operations, indicating strong performance in specific segments of its portfolio even as total copper output lagged. From a market perspective, the slight dip in production may weigh on short-term revenue expectations. However, the record efficiency and throughput at Escondida suggest that the company is optimizing its core assets to maintain competitiveness in the base metals market.

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