BHP's Copper Growth Plans Under Review by South Australian Government
BHPBHP(BHP) ZACKS·2024-09-04 01:51

BHP Group (BHP) recently announced that the South Australian government initiated an assessment of its planned Smelter and Refinery expansion (SRE) at Olympic Dam. The SRE plan will be carried out in two phases and is expected to take BHP’s copper production in South Australia from 322,000 tons in fiscal 2024 to more than 500,000 tons  by early 2030’s. The figure is expected to reach 650,000 tons in the mid-2030’s.BHP’s Efforts to Grow Copper South AustraliaFollowing the acquisition of OZL in May 2023, BHP ...