Commodities
BHP Copper Surge Outshines Iron Ore Woes and Potash Project Costs
BHP's copper guidance has been lifted after record concentrator throughput at Escondida in Chile.
The Jansen potash build has seen a significant increase in capital costs, pushing out the payback timetable.
Copper prices have been firm, and volume gains land directly on the revenue line when the metal is trading well.
Iron ore remains the engine room for BHP, with Pilbara volumes coming in ahead of expectations and unit costs remaining low.