BHP’s iron ore, copper output surge on mine improvements
Production rose because of supply chain improvements, with a record amount of iron ore delivered from the Central Pilbara hub.
Miner Freeport-McMoran beat second-quarter profit estimates on Tuesday, benefiting from higher copper prices.
The company reported an adjusted profit of 46 cents per share for the quarter ended June 30, compared with analysts’ average estimate of 38 cents, according to LSEG data.
(By Tanay Dhumal)
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