BHP warns of ongoing market challenges

AFTER a year of zero volume growth, BHP’s guidance for the 2023 financial year is softer than expected as the company warned of ongoing challenges and slowing global growth.

BHP warns of ongoing market challenges BHP warns of ongoing market challenges BHP warns of ongoing market challenges BHP warns of ongoing market challenges BHP warns of ongoing market challenges

BHP CEO Mike Henry. Image: Thomas Graham

The big miner reported a strong June quarter, including a 25% jump in copper production, a 52% rise in energy coal production and 8% rise in iron ore volumes.