---
title: "Key facts: BHP copper 51% of EBITDA; 'world's largest', Craig backs bolt-ons"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286238347.md"
description: "BHP's H1 FY26 report reveals that copper accounted for 51% of its EBITDA, with a 30% increase in output over four years due to strategic acquisitions and developments. The company positions itself as the world's largest copper producer, emphasizing growth opportunities and a strong balance sheet. Incoming CEO Brandon Craig aims to enhance exploration and pursue small acquisitions. Additionally, Mark Vassella has been appointed as a non-executive director effective June 1, 2026, with no specified operational duties."
datetime: "2026-05-13T10:05:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286238347.md)
  - [en](https://longbridge.com/en/news/286238347.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286238347.md)
---

# Key facts: BHP copper 51% of EBITDA; 'world's largest', Craig backs bolt-ons

-   BHP H1 FY26: copper made 51% of group EBITDA. Copper output up ~30% over four years, driven by Oz Minerals deal, Escondida improvements and Vicuna development.1
-   BHP prioritizes copper amid rising global demand, calls itself the world’s largest copper producer, plans rapid action on copper opportunities and cites a strong balance sheet to support growth.2
-   Incoming BHP CEO Brandon Craig plans to boost exploration, seek peer partnerships and pursue small bolt-on deals to drive growth beyond 2035, citing BHP’s diversified model and strong balance sheet.3
-   BHP Group named Mark Vassella non-executive director effective June 1, 2026. Traders: note appointment date and board role; no operational, financial or committee duties were disclosed.4

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