Original article by Perry Williams
The Australian – Page: 13 & 19 : 16-Sep-25
BHP CEO Mike Henry has told a shareholder forum that the cost of electricity in Australia is much higher than in countries that it is competing with for investments, with Henry citing the US as a prime example. He said that Australia needs to have "stable, reliable and affordable energy on the path to net zero"; he also noted that the resurgence in demand for nuclear power has boosted demand for uranium, with BHP among the world’s top 10 uranium producers. On the question of copper, BHP is aiming to more than double production in South Australia over the next decade, although a final investment decision on a major smelter upgrade at its Olympic Dam mine is not expected until 2028.
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