BHP: copper overtakes iron ore as primary profit driver, here’s what it means
Investing.com -- BHP’s copper division generated $18.2 billion in EBITDA in FY26 — 54% of group earnings — overtaking iron ore for the first time in the miner’s history. The stock rose sharply in Sydney trade following the print, as investors welcomed the pivot to copper.
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Investing.com -- BHP’s copper division generated $18.2 billion in EBITDA in FY26 — 54% of group earnings — overtaking iron ore for the first time in the miner’s history. The stock rose sharply in Sydney trade following the print, as investors welcomed the pivot to copper. Get more insights on top mining stocks by subscribing to InvestingPro-- now at 55% off! For over a century, BHP Group Ltd ADR (BHP) was synonymous with iron ore.
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- Investing.com -- BHP’s copper division generated $18.2 billion in EBITDA in FY26 — 54% of group earnings — overtaking iron ore for the first time in the miner’s history. The stock rose sharply in Sydney trade following the print, as investors welcomed the pivot to copper.
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BHP: copper overtakes iron ore as primary profit driver, here’s what it means
Sources1TypeCoverageInvesting.com · Stock Market