BHP's Copper Focus: U.S. Investment Climate Heats Up
Update: 2025-09-15
Description
Mining giant BHP just signaled a major shift: The U.S. is now a prime investment target due to lower power costs, while copper remains king. Fresh off the heels of the Anglo American-Teck Resources mega-merger, BHP hinted at prioritizing existing copper projects over new acquisitions, dodging questions about acquiring NGEX Minerals and staying mum on future mergers. Plus, a key Canadian potash project is facing delays and cost overruns, leaving investors wondering if initial returns are still realistic.
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