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BHP H1 FY21 Cu output dip 5% YoY, FY21 target refined

ABSTRACT

BHP, a leading copper producer in the world, produced 841,000 tonnes of copper in pure metal over July-December, down 5% on year because of the adverse impact of the COVID-19, and the company has refined the production guidance for its FY21 (July 2020-June 2021) to 1.51-1.645 million tonnes from the original 1.48-1.645 million tonnes, according to the latest quarterly report on January 20.
Over the first half of FY2021, its copper operations in Chile slowed down, and the copper production at the Escondida in North Chile fell 5% on year to 572,200 tonnes, or 68% of the total output, due to the country’s efforts to curtail the spread of the pandemic, and the

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