BHP’s production of copper in 2025’s first three months climbed 10%, boosted by a ramp of of its Escondida operations in Chile. — Bloomberg
MELBOURNE: BHP Group Ltd is warning US President Donald Trump’s tariff spree could trigger a global economic slowdown and challenge trade flows, as the world’s biggest miner posted a solid quarterly production performance for key commodities including copper and iron ore.
“Despite the limited direct impact of tariffs on BHP, the implication of slower economic growth and a fragmented trading environment could be more significant,” chief executive officer Mike Henry said in a statement yesterday.
