Q+A: Can BHP dominate as it shifts from iron ore to copper?
FEAR & GREED | Business News · Fear and Greed
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Show Notes
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.
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