You'd have to think BHP Escondida Unit costs, US$1.29/Lb is the low end of of the spectrum for ESG mining operations. Scale of operations & production resources enormous. BHP did note that the US$1.29 came in better than their forecast guidance. With fuel prices rising dramatically & inflation ripping higher I'd expect those numbers will not be improved. In fact could climb higher towards $1.40 in H2
15 Feb 22 1/2 yearly Report BHP Copper Production;
Escondida: 1,020 - 1080 kt; Pampa Norte 260 -300 kt; Olympic Dam: 140 - 150 kt; Antamina: 120-140 kt (zinc 115 – 130 kt).
Still a decent parcel out of Olympic Dam.
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