Business
Cashed-up BHP shapes its next chapter – The Australian Financial Review
With iron ore delivering bumper returns, and copper on the rise, BHP chief Mike Henry is quietly shaping the mining giant’s future portfolio.
There are a series of small nuggets of news in Wednesdays report that help to flesh out Henrys vision of building on BHPs strengths in what he likes to call future-facing commodities that is, the minerals the world will need for its transition to a cleaner, greener and more technologically advanced place.
But before we get to BHPs future, its worth noting just how good the present looks.
The combination of strong iron production and surging prices the spot price was $US171.33 on Tuesday night means…
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