BHP CEO: World will need more copper, nickel - Breaking The News
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BHP CEO: World will need more copper, nickel

EPA-EFE/JAMES ROSS AUSTRALIA AND NEW ZEALAND OUT

BHP CEO Mike Henry (pictured) said that going forward, his company will focus on "commodities that have upside potential" in aiding decarbonization.

Addressing Nikkei's Global Management Forum by video, Henry said that by 2030 roughly half of BHP's portfolio would be copper, nicker and potash, while the rest would be "iron ore and high-quality coking coal, both of which are also going to be essential for the world's decarbonization effort."

The CEO was also asked about commodity price surges and stated that he doesn't "expect that some of the very high prices for commodities currently will be sustained."

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