BHP: Meeting Energy Transition May Require $250 Billion in Copper Mining Capex by 2030

Published: Mar 22, 2023 11:43

Source: SMM

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Vandita Pant, chief commercial officer of mining company BHP, said on March 21 at the FT Commodities Global Summit that by 2030, as many as $250 billion of mine investment to meet the growth in copper demand caused by the energy transition will be required.

SHANGHAI, Mar 22 - Vandita Pant, chief commercial officer of mining company BHP, said on March 21 at the FT Commodities Global Summit that by 2030, as many as $250 billion of mine investment to meet the growth in copper demand caused by the energy transition will be required.

But she added that sufficient investment would depend on whether copper prices were high enough.

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