BHP Group Limited (NYSE:BHP) shares are trading lower on Tuesday. The company reported a sequential decline in first-quarter production across all elements.

Production Update

The mining giant reported a decline of 4% quarter on quarter (Q/Q) to 493.6 kt in Copper due to weak output at Spence from lower ore grades and at Copper SA due to planned major maintenance.

For Steelmaking coal, the company saw a production decline of 5% Q/Q to 4.9 Mt owing to a planned higher strip ratio from mine sequencing.

Also, Iron ore output dipped 9% Q/Q to 64 Mt due to a decline in production at WAIO