BHP Expects Resilient Global Commodity Demand
5 Articles
5 Articles
BHP Expects Resilient Global Commodity Demand
BHP expects resilient commodity demand going forward despite slowing growth in China in the second half of this year, the world’s biggest miner by market value said in a quarterly operational review on Tuesday. During the quarter ended September 30, BHP’s copper production increased by 4% from the first quarter of 2025, with record concentrator throughput at Escondida in Chile. Production of steelmaking coal rose by 8%, while iron ore output in…
BHP maintains optimism despite Chinese slowdown
BHP struck an upbeat note about global iron ore demand on Tuesday despite warning of moderating Chinese growth, said Reuters in a report on Tuesday. “Overall macro-economic signals for commodity demand remain resilient, and global growth forecasts are moving higher,” said the mining firm’s CEO Mike Henry. Henry’s optimism was despite the miner reporting first-quarter output marginally below expectations due to maintenance activities at Port Hedl…
BHP 'quite sure' iron ore demand will stay solid in face of forecast China slowdown
BHP Group (ASX:BHP) isn’t too worried about its iron sales, even under the shadow of China, the world’s largest consumer of the commodity and BHP’s biggest customer, banning local steelmakers from buying from the group. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. The Australian steelmaker reported today, on October 21, telling shareholde…
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