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BHP Beats Output Estimates and Resolves China Dispute

BHP beat third-quarter iron ore estimates and resolved a procurement dispute with China. Shares rose as the miner narrowed its annual copper output forecast.

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BHP GROUP LTD has exceeded market expectations for its third-quarter iron ore output and successfully resolved a significant trade dispute with China. The mining giant also signaled confidence in its Copper division, projecting annual production to reach the upper half of its forecast range. Following the announcement, the company's shares climbed approximately 2%, reaching their highest valuation in seven weeks.

The corporate logo of BHP Group is seen on an office building located in Adelaide, Australia, in this file image taken in September 2025. Photo by Hollie Adams via REUTERS.
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