Demand for iron ore appears to have peaked, but BHP’s copper production is soaring and bodes well for the future.Credit: Bloomberg The challenge for McEwan and Henry was evident on Tuesday in ...

BHP reported a 23% decline in its first-half profit as lower prices for iron ore owing to slowing demand from China’s property sector offset higher contributions from copper mining, said The Times.

BHP's earnings predictably fell owing to iron ore's decline in 2024. The management remains committed to the status of a world-class iron producer while expanding into copper. Our government trade ...

Mining giant BHP has reported a jump in profit for the half-year ended 31 December 2024, despite a drop in revenue due to lower iron ore prices. Attributable profit surged to $4.4bn (£3.5bn), up ...

BHP) reported half-year earnings (concluding on December 31, 2024) of $5.08 billion, down 23% from the year earlier. The result is unsurprising, as the iron ore market has been going through a ...

BHP's current portfolio mix, heavily reliant on iron ore, puts it at a disadvantage compared to other diversified miners, justifying a "Hold" rating. The company is pivoting towards future-facing ...