yup, end of appeasing the green vote so resolution should be a go. Unfortunately this might surpass the SA copper expansion???? The NPV must be surely higher than SA copper expansion given no IR laws like Australia, red tape likely removed under Donald, coupled with a 20% corporate tax rate vs Australia at 30%.
I know we are a passive investor in the JV. But we will still likely need to throw $10Billion at it as part of our funding. I own a lot of RIO too so happy to see Donald back in and finally see this incredible resolution copper mine developed.
BHP Price at posting:
$42.99 Sentiment: Buy Disclosure: Held
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