I do love that unexpectedly high USD$5 ! BHP's expected annual...

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    I do love that unexpectedly high USD$5 !
    BHP's expected annual copper production of ~1800kt of Cu would be worth an extra USD$1.8B over a full year (at USD$5 cf USD$4/lb) (for info BHP realised price for first 9 months of FY24 is only USD$3.72).
    So, really good over the medium term for BHP but it may produce unexpected 'pressure' in short term to increase the AA bid.

    As an aside, have a look at how a "pure" copper producer is responding to the Cu price (HGO - note that fundamentals also are having an effect! - I declare I own a few).
 
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Last
$36.28
Change
0.640(1.80%)
Mkt cap ! $184.4B
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$36.45 $36.60 $36.10 $214.5M 5.891M

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No. Vol. Price($)
16 2993 $36.28
 

Sellers (Offers)

Price($) Vol. No.
$36.29 8459 33
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Last trade - 14.56pm 24/06/2025 (20 minute delay) ?
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