BHP Group Reports Earnings Boost Amid Copper Price Surge

BHP Group has reported a significant increase in earnings for the six months ending in December, driven by a substantial rise in copper prices. Bloomberg posted on X, highlighting that despite this positive development, the company faced challenges due to stagnant demand in China, which affected its iron ore and steelmaking coal sectors. The surge in copper prices provided a notable boost to BHP's financial performance, underscoring the commodity's importance to the company's portfolio. However, the plateauing demand in China remains a concern for its other business areas.