Grafa
BHP hits record iron ore output in FY26
Image for illustrative purposes only. Not a real photo.

BHP hits record iron ore output in FY26

Share
  • BHP achieved record iron ore output and produced nearly 2 million tonnes of copper in fiscal 2026.
  • Following the announcement, the BHP share price was up at $58.28.
  • The miner maintained future production guidance while expanding key copper growth projects globally.

Mining giant BHP (ASX:BHP) delivered record Western Australia iron ore production of 264.7 million tonnes and produced 1.95 million tonnes of copper in fiscal year 2026.

The operational performance met cost guidance across most major assets despite facing persistent global inflationary pressures and elevated diesel prices.

"For the second consecutive year, we produced around 2 million tonnes of copper and delivered record iron ore production," said BHP CEO Brandon Craig.

Following the announcement, the BHP share price was up at $58.28.

The business is shifting its focus towards copper developments, including the Vicuña project in Argentina and potential expansions in South Australia.

Management maintained its full-year 2027 operational guidance across all primary commodities prior to its financial results release on Aug. 18.

Frequently asked questions

Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relate to your unique circumstances.

Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of or reliance on the information provided directly or indirectly, by use of this platform.