Tag: China recovery
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Australia: BHP reports strong growth in copper production in Jul-Dec’24
BHP’s copper production rose 10% to 987 mnt in Jul-Dec’24. This growth was driven by a 22% increase at the Escondida mines, though Copper South Australia saw a 6% decline due to a weather-related power outage. EBITDA rose 40%, boosted by higher copper volumes and prices. Strong demand persisted despite global uncertainties, supported by China’s…