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BHP's profit rises 9%, copper becomes top earnings driver with 54% of EBITDA in FY2026

Company Fundamentals
18 Aug 2026
Proactive Investors
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Bullish
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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 billion. The company produced 2 million tonnes of copper and saw record iron ore production in Western Australia. BHP declared a final dividend of $0.99 per share, totaling $1.72 for FY2026, while continuing to advance growth projects like the Jansen potash mine for 2027 production. Management remains optimistic about long-term commodity demand despite global economic uncertainties.

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