BHP keeps copper guidance at 1.65 million tonnes. BHP stock costs EUR 71.75

Published on 10/27/2026 at 09:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BHP maintained copper guidance at 1.65 million to 1.80 million tonnes on October 20, 2026. BHP stock costs EUR 71.75 on October 27, 2026, with a USD 201.1 billion market value.

Guidance and operational milestones

BHP reported 400,700 tonnes of copper production for the quarter ended September 30, 2026.
BHP maintained fiscal 2027 copper guidance at 1.65 million to 1.80 million tonnes on October 20, 2026.
BHP stock traded at EUR 71.75 at 9:28 a.m. CEST at Lang & Schwarz on October 27, 2026.
BHP's next operational review is scheduled for January 27, 2027.

BHP, US0886061086, Illustration mit AI erstellt.

BHP Group Limited (ISIN US0886061086) kept its fiscal 2027 copper production guidance at 1.65 million to 1.80 million tonnes after first-quarter output fell 19 percent year over year to 400,700 tonnes. The operational review was released on October 20, 2026, and BHP attributed the decline to lower grades, maintenance, severe weather and operational disruptions.

Copper output fell 19 percent

The quarterly result leaves a demanding recovery path for the rest of fiscal 2027. BHP needs to produce at least 1.25 million tonnes across the remaining three quarters to reach the lower end of its annual copper guidance, according to Freedom Broker on October 26, 2026.

The pressure was concentrated in major Chilean operations. Escondida produced 252,600 tonnes in the quarter, down 23 percent year over year, while Spence output declined 15 percent to 47,400 tonnes. Antamina partly offset the weakness with production of 40,000 tonnes, up 18 percent year over year.

October milestones show the split

Three dated events define the current picture. On September 24, 2026, BHP suspended Escondida operations after a fatal workplace accident. On October 8, 2026, the company agreed to sell its Kambalda nickel concentrator and associated tenements, with completion expected in 2027. On October 20, 2026, BHP reported the copper decline, approved USD 800 million of pre-commitment funding for an Escondida concentrator and maintained fiscal 2027 production guidance.

What does the guidance mean for output?

Iron ore provided a counterweight, with quarterly production of 66.5 million tonnes, up 4 percent year over year, while copper output moved in the opposite direction. The combination makes execution at Escondida and the recovery of disrupted operations more important than the unchanged annual range alone.

Two dates are ahead

BHP's next operational review is scheduled for January 27, 2027, and its first-half fiscal 2027 results are listed for February 16, 2027, according to Simply Wall St. Those dates should provide the next quantified test of the copper recovery plan.

Stock quote before the next review

BHP's primary listing is on the ASX, where the stock is quoted in Australian dollars. The company also has a London listing in pence, but the German investor view remains centered on the euro indication below.

BHP stock was trading at EUR 71.75 at Lang & Schwarz on October 27, 2026, at 9:28 a.m. CEST in pre-market trading. The further course of trading is shown by the continuously updated real-time quote of BHP stock.