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BHP to invest over $10 billion in high-quality iron ore and infrastructure-铸造展-铸件展--Foundry Exhibition-The 27th China(Guangzhou) International Casting Products,foundry Industry Exhibition 9/29/2026 铸件展-铸造展会-casting expo-foundry exhibition |
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Global miner BHP plans to invest more than $10 bilion in the development of high-quality iron ore and upgrades to related infrastructure under its five-year production plan, according to statements made by a company representative at the 15th China International Steel Conference held on September 19-20.
BHP to focus on high-quality iron ore
Speaking at the conference, the BHP representative reviewed the company's long-standing cooperation with China's steel industry, highlighting the role of iron ore supplies in supporting China's industrialization and urbanization over the past three decades.
Under its five-year production plan, BHP willinvest more than $10 billion in developing high-quality iron ore and upgrading supporting infrastructure.
The company also plans to further develop its copper business and invest in new projects in response to growing global demand stemming from electrification, energy infrastructure and data center construction.
Industry-wide cooperation needed for decarbonization
Regarding the global steel industry's decarbonization efforts, BHP stated that the challenge cannot be addressed by any single company independently.
Accordingly, the company stressed that cooperation across the entire industrial chain will be necessary toachieve carbon reduction targets, highlighting the importance of collaboration between raw material suppliers and steel producers as the sector moves towards lower-carbon production.
In the 2025-26 financial year BHP's total iron ore production increased by one percent year on year to 264.7million mt. For FY 2026-27, BHP expects total iron ore production of 260-272 million mt, including WAlO outputof 253-264 million mt.
铸造展-铸件展-铸件采购会-国际铸件展-2027第二十七届广州国际铸件产品及铸造工业展会-巨浪展览-Foundry Exhibition-The 27th China(Guangzhou) International Casting Products,foundry Industry Exhibition 2027铸件展, 2027铸件展会, 2027广州铸件展, 2027中国铸件展会, 2027广州铸件展, 2027广州铸件展会, 2027压铸件展, 2027压铸件展览会, 广东铸件展, 广东铸件展会, 中国铸件展,中国铸件展览会, 铸造工业展, 2027铸造工业展-casting Industry Exhibition,casting expo, 2027 casting exhibition, 2027 casting expo, China casting exhibition, China casting expo,casting Industry event,casting event, 2027 casting event,casting event 2027, China casting event, China casting event 内容摘抄于网络,如有侵权,请联系删除 020-38620785,zheng@julang.com.cn
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