BHP Says 1Q Copper Output Up 11%; Whitehaven Preferred Bidder for Coal Assets

BHP Group on Wednesday said it produced more copper but less iron ore in the first three months of its fiscal year. It also named Australia’s Whitehaven as the preferred bidder for two coal mines it owns with Japan’s Mitsubishi. The miner said in February that the joint venture was seeking a buyer for the Daunia and Blackwater mines in Australia’s Queensland state.