BHP reports lower FY profit on weak iron ore, coal prices
Investing.com-- BHP Group (ASX:BHP) said on Tuesday its underlying annual profit fell as weaker iron ore and coal prices outweighed record copper and iron ore production.
The world’s biggest listed miner flagged resilient margins and strong cash generation despite a softer price environment.
Underlying attributable profit dropped 26% to $10.2 billion for the year ended June 30, 2025. Revenue slipped 8% to $51.3 billion.
The miner declared a final dividend of 60 cents a share, bringing total payout for the year to $1.10 apiece.
Copper output exceeded 2 million tonnes for the first time, with the commodity contributing nearly half of group earnings as production surged at Chile’s Escondida and South Australia operations.
Iron ore production also set a record at the company’s WAIO mines in Australia, reinforcing BHP’s status as the lowest-cost major producer.
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