BHP is investing 1.5 billion AUD in a new rail project with Aurizon to transport copper from Olympic Dam, Carrapateena, and Prominent Hill to Port Adelaide. This move will replace over 11000 truck movements annually and significantly reduce emissions while boosting efficiency. Their goal is to double copper production to 650000 tonnes per year by the mid 2030s. This infrastructure shift will unlock more than 9 billion dollars in future copper value and shows how serious the majors are about the future of copper in South Australia.This is not just logistics. It’s a signal. Copper demand is exploding and big players are positioning early. If you are holding a junior explorer with copper upside in South Australia you are sitting on a potential multi-bagger. The groundwork is being laid by BHP. We just need the right grades. When assays come in this will move fast.
LML Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
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