13 July 2023
Under the Radar: BHP’s CCO on demand of minerals such as copper, nickel, iron ore, coking coal, potash amid structural trends such as electrification, EV adoption; China’s steelmakers warning of a tough 2H2023 and impact on iron ore prices; Balancing net-zero plans and financial viability
Mining for minerals used in farming, infrastructure and even in electric vehicles. That’s what we’re going to talk about on the segment today, with the world’s largest mining company BHP.
Founded in 1885, BHP is a leading resources company headquartered in Melbourne, with about 80,000 employees and contractors across 90 locations worldwide.
It produces essential commodities through its assets such as open-cut and underground mines, as well as gas production and processing facilities. The minerals include copper for renewable energy, nickel for electric vehicles, iron ore, as well as coal used to make steel.
But how does it operate exactly? What is demand like for the different types of minerals at this point in time?
And with China’s leading steelmakers warning of a challenging second half amid sluggish economic recovery – what will this mean for BHP’s iron and coal mining business?
Meanwhile, BHP earlier announced plans to decarbonise its mining operations to achieve net-zero by 2050, but how does it balance financial viability and environmental goals?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Vandita Pant, Chief Commercial Officer, BHP for more.

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