macro

BHP Reports Quarterly Copper Output of 400.7 Kt, Keeps Annual Outlook

BHP produced 400.7 kt of copper in the quarter and left its full-year guidance unchanged, according to Reuters. Iron ore and Jansen updates included.

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what happened

BHP Group reported quarterly copper production of 400.7 kt. The company left its annual copper outlook unchanged, according to Reuters.

Iron ore output from WAIO, on a 100% basis, reached 71.9 Mt. BHP also said stage 1 of the Jansen project is 87% complete and remains on track for first production in mid-2027.

why it matters

For copper markets, the key point is that the largest producer is not revising its volume plans, which suggests no sudden surprises in supply for now. The Jansen project and the planned longwall move at Broadmeadow, starting late in Q2 FY27, show how the company is preparing for future output growth.

market impact

Copper and iron ore: BHP's steady volumes support expectations of stable supply without sharp shifts

tags

instruments

CopperIron oreBHP GroupJansen project

sources

  1. BHP Group Posts Qtrly Copper Production Of 400.7 KT — Reuters, 19 October 2026 at 22:00 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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