BHP’s copper profits outstrip iron ore for first time
- Posted on August 18, 2026
- By Financial Times
- 1 Views
- 1 min read
In brief
BHP Group achieves record annual earnings of $33 billion, with copper revenues now surpassing iron ore for the first time in company history. This significant milestone reflects accelerating global demand for copper driven by the expansion of data centers and renewable energy infrastructure. The shift underscores copper's critical role in supporting the digital economy and green energy transition, positioning BHP at the forefront of meeting future commodity demands.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
BHP’s copper profits outstrip iron ore for first time
Annual earnings surge to $33bn, driven by booming demand for data centres and energy networks
