BHP (BHP. AX, BLT. L, BBL, BHP) reported an increase in its second-quarter total iron ore production, which rose to 69.70 million tonnes from 66.19 million tonnes in the prior year.
Western Australia Iron Ore (WAIO) production for the second quarter was 67.77 million tonnes, up from 64.75 million tonnes in the previous year. On a 100 percent basis, total WAIO production for the second quarter increased to 76.33 million tonnes from 73.07 million tonnes last year. It is important to note that the company reports iron ore production on a wet tonnes basis.
Looking ahead to fiscal year 2026, BHP expects total iron ore production to range between 258 million tonnes and 269 million tonnes. WAIO production guidance for fiscal year 2026 remains unchanged at between 251 million tonnes and 262 million tonnes, or 284 million tonnes to 296 million tonnes on a 100% basis.
In addition, total copper production for the first half of 2025 was broadly in line at 984 thousand tonnes. The company has revised its copper production guidance for fiscal year 2026 upward to a range of 1.900 million tonnes to 2.000 million tonnes, compared to the previous guidance of 1.800 million tonnes to 2.000 million tonnes.
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https://www.nasdaq.com/articles/bhp-q2-total-iron-ore-production-increases-backs-fy-iron-production-outlook