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Can BHP continue its dominance as its focus shifts from iron ore to copper?
Yesterday, Australia's second largest company announced a 26pc drop in underlying profit, with iron ore prices under pressure from slowing demand in China. It’s BHP’s weakest performance in five years.
But the company is still optimistic - particularly about its growing number of copper assets, and also its shift into the fertiliser potash. Vandita Pant, Chief Financial Officer of BHP, spoke with Juliette Saly at Ausbiz.
Ausbiz is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up for free at ausbiz.com.au
Find out more: https://fearandgreed.com.au/
See omnystudio.com/listener for privacy information.
Can BHP continue its dominance as its focus shifts from iron ore to copper?
Yesterday, Australia's second largest company announced a 26pc drop in underlying profit, with iron ore prices under pressure from slowing demand in China. It’s BHP’s weakest performance in five years.
But the company is still optimistic - particularly about its growing number of copper assets, and also its shift into the fertiliser potash. Vandita Pant, Chief Financial Officer of BHP, spoke with Juliette Saly at Ausbiz.
Ausbiz is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up for free at ausbiz.com.au
Find out more: https://fearandgreed.com.au/
See omnystudio.com/listener for privacy information.