Cnbctv18 · Business · 2026-08-18
BHP bullish on copper demand; targets 5% production growth over next decade
Ragnar Udd, Chief Commercial Officer of BHP, expects strong demand for copper and other key commodities, with copper now contributing 54% of the company’s profit. BHP plans to grow copper production by 5% annually over the next decade, while India’s rising steel output could support demand for iron ore and metallurgical coal.
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