BHP (ASX:BHP) thinks copper demand will rise from 32Mt to 50Mt...

  1. 29,017 Posts.
    lightbulb Created with Sketch. 1537

    BHP (ASX:BHP) thinks copper demand will rise from 32Mt to 50Mt by 2050 and on Tuesday revealed its copper earnings in the first half had lifted from 25% in H1 FY2024 to 39% in H1 FY2025. Iron ore still dominates at 56%, but the red metal is catching.

    That’s informed its recent corporate moves – paying $9.6bn for OZ Minerals to consolidate the South Australian copper province, an attempted takeover of Anglo American last year, US$15bn plan to maintain production at its mines in Chile into the 2030s and the US$3bn deal to acquire half of the remote Josemaria and Filo Del Sol operations alongside Lundin Gold in a remote high-up part of the Argentina Andes known as Vicuna.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$37.34
Change
-1.000(2.61%)
Mkt cap ! $189.5B
Open High Low Value Volume
$37.96 $38.13 $37.28 $474.3M 12.62M

Buyers (Bids)

No. Vol. Price($)
2 1249 $37.34
 

Sellers (Offers)

Price($) Vol. No.
$37.36 20 1
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
BHP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.