Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| BHP Group Limited | ASX:BHP | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.37 | 0.93% | 40.08 | 40.09 | 40.18 | 40.22 | 39.90 | 40.00 | 8,129,329 | 07:50:00 |
From Nov 2022 to Nov 2024
By Rhiannon Hoyle
ADELAIDE, Australia--The chief executive of mining giant BHP Group took a cautious tone on China as latest data stoked concerns about the fragility of the economic recovery there, but said demand for commodities including iron ore and copper is robust.
"There have been some green shoots over the past couple of months, but also some things that clearly aren't progressing as quickly as some would hope for," Mike Henry told reporters Wednesday, referring to China's economy. "So the jury is still out a little bit in terms of how quickly things recover."
Still, BHP hasn't seen China's economic setbacks translate into reduced demand for its commodities, Henry said after an annual shareholder meeting in Adelaide. Chinese iron-ore demand remains firm and copper demand is even stronger than the miner was anticipating six to 12 months ago, he said.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
November 01, 2023 00:16 ET (04:16 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year BHP Chart |
1 Month BHP Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
