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BHP Battling Rising Costs, Production Challenges
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BHP smashes copper and iron ore records - Mining Magazine Australia
Image: Adwo/shutterstock.comBHP has achieved record copper and iron ore production in the 2024–25 financial year (FY25), further cementing its position as a global mining powerhouse. The miner’s group copper production surged eight per cent to more than two million tonnes, the highest in BHP’s history. This marks the third straight year of growth and a 28 per cent jump since FY22. Escondida in Chile led the charge, boosting output by 16 per cent…
The BHP mining company announced that the first phase of its Jansen project in Saskatchewan will cost up to 30% more and will come into operation a year later, due to changes in design, inflation and lower productivity. The BHP mining company, the largest in the world in its sector, revealed that the first phase of its Jansen potash project, located in Saskatchewan province in western Canada, will face a cost increase of up to 30% and delays in …
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