BHP warns of potential hit from China slowdown when tariffs bite

Australian miner reports record copper and iron ore production over 9 months

20250417 BHP's open cut iron ore mine

A BHP open-cut iron ore mine in Australia: The mining company reported record iron ore production for the nine months to March 31. © Getty Images

SHAUN TURTON

SYDNEY -- BHP achieved record copper and iron ore production over the past nine months, but the Australian mining giant warned of the potential fallout from an economic slowdown as the trade war between the U.S. and China escalates.

The diversified miner released its operational results for the nine months to March 31 on Thursday. They showed a 10% increase in copper production to 1.5 million tonnes, with its Escondida operation in Chile leading the way. Copper prices were up 13%, at $4.19 per pound.

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