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2026-09-20 19:12:11
【BHP Billiton CEO: Over US$10 Billion Invested in Iron Ore in the Next Five Years, Copper Capacity to Expand Continuously for Ten Years】 (1) According to BHP Billiton's WeChat official account, the 15th China International Steel Conference was held in Shanghai on September 19-20, hosted by the China Iron and Steel Association and the Metallurgical Industry Branch of the China Council for the Promotion of International Trade. (2) In his keynote speech, BHP Billiton CEO Brandon Craig pointed out that China's continued investment in advanced manufacturing, renewable energy and digital economy will create new growth momentum and resource demand. (3) He said that steel will remain an important pillar of economic development and industrial competitiveness, and the importance of copper will continue to increase. (4) Regarding iron ore, BHP Billiton expects to invest over US$10 billion in its iron ore business over the next five years to maintain and improve capacity, develop high-quality ore body resources, and upgrade port railway infrastructure. (5) BHP Billiton will fully support Western Australia's iron ore project to achieve an annual capacity of 305 million tons by fiscal year 2028. (6) Regarding copper, BHP plans to continue expanding its copper production capacity over the next decade to support global electrification, energy transition and digital infrastructure development.
