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BHP’s $39 Billion Copper Play Was Years in the Making

From bnnbloomberg.ca

When Mike Henry took over as chief executive officer of BHP Group in 2020, the world’s biggest mining company had lost its swagger. Bruised by a series of painful missteps and a run-in with activist Elliott Investment Management, the Anglo-Australian behemoth was kicking crucial decisions down the road, and increasingly aware that its reliance on fossil-fuel-heavy commodities could start turning investors away. Detail-focused and exacting, Henry didn’t fit the stereotype of the hard-charging and charismatic mining executive that the industry so often turned to for its leaders. But he moved quickly and methodically, ... (full story)

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  • Category: Fundamental Analysis