How the World’s Biggest Miner Hopes to Profit from the Energy Transition

A conversation with BHP chief Mike Henry

• “If the world said tomorrow there is no capital available for mining, decarbonization is impossible. It simply can’t happen...There is a growing recognition of the criticality of mining to the world’s decarbonization effort.”

• At BHP, copper, nickel and potash are being emphasised because they will ride the world’s emerging megatrends, the group’s chief executive Mike Henry told us. Global population growth is driving demand for food, while the accelerating energy transition is creating an increasing need for metals such as copper and nickel.

Source: https://www.ft.com/content/d6ea1754-1a30-46a9-a73a-40ff5cf2704b