BHP Reports Higher Copper and Iron Ore Production in December Quarter

21 Jan 2025 CW Team

BHP Group, the world’s largest listed miner, reported increased production for the December quarter, with iron ore output inching up and copper production surging 17%. The gains were driven by operational efficiencies and richer ore quality at its key sites.

Iron ore production at the South Flank operations in Western Australia reached 73.1 million metric tonne, slightly up from 72.7 million tonnein the same quarter last year and in line with the Visible Alpha consensus estimate of 72.8 million tonne.

Copper output rose sharply to 510,700 tonne, attributed to improved processing and richer ore quality at the Escondida mine in Chile. The company remains bullish on copper’s long-term demand, projecting a global deficit of 10 million metric tons within a decade. BHP has committed at least $11 billion for further development at Escondida and other Chilean projects.

BHP maintained its iron ore production forecast for Western Australia at 282-294 million tonne and expects output at the higher end of this range. It also anticipates achieving the upper half of its guidance for 2025 at its BMA operations in Central Queensland, the New South Wales Energy Coal division, and the Samarco joint venture in Brazil.

Mike Henry, CEO expressed confidence in continuing strong performance into the second half of FY25, citing tight cost controls and expectations of higher production across multiple assets.

Shares of BHP rose 1% to A$40.67 in early trade, outperforming the broader mining index, which gained 0.5%.

The company expects its net debt to reach around $15 billion by the end of FY25, nearing the top end of its target range. This increase is largely due to provisions related to the 2015 Samarco dam collapse in Brazil.

(ET)

Infrastructure Urban

29 Oct 2025

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..