BHP reported a sharp increase in first-half profit driven by strong global demand for copper. The world's largest mining company revealed that the red metal now accounts for more than half of its core earnings, highlighting the strategic importance of its copper operations.

The mining giant's results reflect broader trends in the commodities market, where copper prices have remained elevated due to supply constraints and growing demand from the electric vehicle and renewable energy sectors. BHP's diversified portfolio includes iron ore, coal, and petroleum, but copper has emerged as the company's primary earnings driver.

This shift in earnings composition signals BHP's successful pivot toward higher-margin metals as traditional commodities face pricing pressure. The company's ability to capitalize on copper's strong performance demonstrates the value of its long-term investment strategy in the metal, which has positioned BHP to benefit from the global energy transition.