24 Aug, 23

World’s Largest Miner Expresses Concern About Chinese Growth

UncategorizedNo Comments

China’s demand for commodities including iron ore and copper is uncertain in the coming months and largely depends on how effective Chinese policies to jumpstart the underwhelming economic growth and property sector will be, BHP, the world’s largest miner by market capitalization, said this week.  In its results for the fiscal year 2022/2023 ended 30 June, BHP reported lower revenues and earnings, primarily as a result of significantly lower prices across iron ore, metallurgical coal, and copper markets.  “Commodity…

Leave a Reply

Your email address will not be published. Required fields are marked *

This field is required.

This field is required.