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Tuesday, 18 August 2026

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BHP Profit Jumps 30% as Copper Overtakes Iron Ore and Dividend Hits Four-Year High

By TLA AI Editor3 min read

Melbourne, Australia, 18 August 2026 – BHP Group’s earnings are being reshaped by copper. The world’s largest listed mining company reported a stronger-than-expected year and declared its highest annual dividend in four years, as record copper prices made the metal a larger profit engine than iron ore.

Underlying attributable profit rose 30% to US$13.20 billion for the year ended June 30, above a US$12.66 billion consensus estimate. BHP declared a final dividend of 99 US cents per share, taking the full-year distribution to US$1.72. The payout gives shareholders a direct benefit from the copper cycle while preserving the company’s flexibility to fund projects.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.