Because their sn’t huge $ compared to BHPs market cap in rare earths. Copper and nickel are a safer bet as existing materials that have many other uses. Copper is the best. RIOs Jadar deposit is actually a quite small contribution to their net profit when it’s up and running. Despite being a large tier 1 deposit in that commodity.
BHP is a formidable copper company, and it has some remarkable green fields projects potentially coming. Copper will always be used, but will lithium batteries be a final technology? Not so sure.
Because their sn’t huge $ compared to BHPs market cap in rare...
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Last
$38.45 |
Change
-0.460(1.18%) |
Mkt cap ! $195.0B | |||
| Open | High | Low | Value | Volume |
| $39.00 | $39.07 | $38.28 | $323.2M | 8.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1696 | $38.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.46 | 24810 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |