Major global mining companies have reported strong financial performance for the year 2025, driven by a substantial increase in copper prices in the global markets. This trend is particularly significant for BHP, the world's largest mining company from Australia, Swiss trading and mining company Glencore, and Canadian firm Teck Resources. BHP alone recorded a remarkable 28% rise in net profit, reaching $5.64 billion in the first half of the last fiscal year, partly attributed to increased copper prices. Additionally, the company has become the largest copper producer globally, having increased its production by approximately 30% over the past four years, predominantly from the enormous Escondida mine in Chile.

In the same week, Glencore announced its return to profitability last year and its plans to double copper production over the next decade, which highlights the growing opportunity in the mining sector due to rising copper demand. Meanwhile, Teck Resources, which is in talks for a potential merger with Anglo American to form a copper giant, also reported significant profit increases due to the spike in copper prices. However, other companies are struggling to match such performance, indicating a potential divide within the industry based on operational efficiency and market position.