BHP Copper Output Falls 19% in First Quarter, Missing Estimates
BHP reported a 19% drop in first-quarter copper production, missing analyst expectations. Poor weather and a fatality that temporarily halted operations at Escondida hurt output.
BHP Group (ASX:BHP) said Tuesday that copper production fell 19% in the first quarter, below analyst expectations. The decline reflected poor weather and a fatality that led to a temporary halt in operations at its flagship Escondida mine in Chile. Production at Escondida, the world’s largest copper mine, decreased 23…