他指出， “作为一个行业，我们不会以无机增长（这种增长来自合并或收购等外部资本或资源，而不是公司自身业务活动的增长）的方式摆脱这一挑战。”①Copper and other key energy transition metals are facing continuously increasing demand; ②BHP Group Ltd, a mining industry giant, chairman Dominic Barton pointed out that the global need to develop more mines to address supply gaps; ③Barton believes it is more hopeful to overcome this challenge through the growth of the company's own business activities.
Caiflinshe September 23rd News (Editor Zhou Ziyi) Mining industry giant BHP Group Ltd Chairman Dominic Barton recently stated that copper and other key energy transition metals are facing continuously increasing demand, whileMergercommercial means cannot fill the imminent supply gap, which means that more mines need to be developed globally to address this situation.
Barton stated in an interview that this is a huge challenge, involving at least five different csi commodity equity index sectors.
He pointed out, "As an industry, we will not overcome this challenge in an inorganic growth (growth from mergers or acquisitions and other external capital or resources, rather than growth from the company's own business activities) manner."
In recent years, with the transformation of electrification, global suppliers are increasingly relying on battery metals, especially copper. And global copper inventories continue to decline, the development speed of new mines is not enough to offset the growing demand for copper, and each project usually takes 15 years to start production.
In the past few months, due to healthy cash flow, as well as the promising prospects of copper as a key metal for green energy, mining companies are rapidly increasing the production of copper and other similar ores, and global mining mergers and acquisitions activities are also increasing.
BHP Group Ltd is one of the most active bidders, after its $49 billion acquisition of Anglo American Resources was rejected, BHP Group Ltd launched a takeover bid for Filo Corp., the largest copper miner in South America, showing BHP Group Ltd's enthusiasm for copper mining assets.
However, Rio Tinto has always remained silent in the field of mergers and acquisitions, choosing to invest hundreds of millions of dollars in exploration, focusing on copper and lithium mineral resources.
Bolda Mindexpressed that the company is "looking for opportunities," stating "We can only develop more mines. In the next 30 years, we will need to mine, find, and extract more copper."
