BHP shares rise on copper strength despite Jansen potash cost overruns

BHP Group Ltd. saw its shares climb more than 1% after strong copper prices and solid performance in its core commodities helped offset concerns over cost overruns at its Jansen Stage 2 potash project in Canada. The higher‑cost estimate has delayed production and triggered an earnings charge, but investors remained confident in BHP’s diversified portfolio and its exposure to copper, a metal increasingly needed for electric vehicles, renewable‑energy infrastructure and artificial‑intelligence data centres.

The miner’s broader financial picture shows a 30.9% share‑price gain since the start of 2025, a historically high dividend yield averaging 6.86% over the past five years, though the current yield has fallen to around 3.65%. BHP continues to emphasize growth in copper, iron ore, and coal while expanding into fertilizer markets through the Jansen project, positioning itself to benefit from global decarbonisation and food‑security trends.