BHP Group Limited has transitioned to being primarily a copper-driven company, with copper accounting for over half of its FY2026 EBITDA. The company posted a 30% increase in profits, an 83% rise in free cash flow, and a 56% boost in dividends for FY2026. BHP plans to increase copper production by 40% by FY2035, supported by strong cash flow and disciplined capital expenditure. While risks include copper price volatility, project execution, and iron ore market cycles, BHP's diversified assets and solid balance sheet provide resilience.
BHP Group reported a 9% rise in full-year profit to $9.83 billion, driven by higher copper prices which made copper the largest contributor to its underlying EBITDA at 54%. Revenue increased 15% to $58.8 billion, with underlying EBITDA up 27% to $33 ...
Next week, key retail earnings from Walmart, Target, and Home Depot will provide insights into the health of the U.S. consumer amid high borrowing costs and a slow housing market. Home Depot's report will highlight home improvement demand, Target's w...
