BHP Group Reports Record 263 Mt Iron Ore Production for FY2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
0mins
Source: NASDAQ.COM
- Record Iron Ore Production: BHP achieved a record iron ore production of 263 Mt in FY2025, exceeding its guidance of 255-265.5 Mt and marking a 1% year-over-year increase, which solidifies its leadership position in the global iron ore market and sets a strong foundation for future growth.
- Sustained Copper Growth: BHP's copper production reached 2,017 kt in FY2025, crossing the 2,000 kt milestone for the first time and reflecting a 28% increase over three years, indicating that sustained investments in copper will enhance its strategic advantage in the clean energy transition.
- Shift to Base Metals Investment: BHP plans to allocate nearly 70% of its medium-term capital expenditure to base metals like copper and potash, which is expected to capitalize on long-term demand driven by global electrification and population growth, thereby enhancing its competitive position in the market.
- Vale's Growth Potential: Vale reported iron ore production of 335 Mt and copper output of 370 kt in FY2025, showcasing strong growth potential in the base metals sector, with projections to reach 700 kt of copper by 2035, reflecting a 7% CAGR, making it a more attractive option in the market.
Analyst Views on BHP
Wall Street analysts forecast BHP stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BHP is 54.88 USD with a low forecast of 48.00 USD and a high forecast of 68.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
2 Buy
1 Hold
1 Sell
Hold
Current: 67.770
Low
48.00
Averages
54.88
High
68.00
Current: 67.770
Low
48.00
Averages
54.88
High
68.00
About BHP
BHP Group Limited is an Australia-based resources company. The Company is a producer of commodities, including iron ore, copper, nickel, potash and metallurgical (steelmaking) coal. It is focused on offering a range of resources, which provides copper for renewable energy; nickel for electric vehicles; potash for sustainable farming, and iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition. Its segments include Copper, Iron Ore, and Coal. Its Copper segment is engaged in mining of copper, silver, zinc, molybdenum, uranium, and gold. Its Iron Ore segment is engaged in mining of iron ore. Its Coal segment is engaged in mining of metallurgical coal and energy coal. The Company is also focused on operating Olympic Dam, Prominent Hill, and Carrapateena underground copper-gold mines in South Australia. Its operations are situated in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
