Asia Centric: BHP CFO on Copper, AI and Mining’s New Era
The mining industry is undergoing a structural transformation. Copper has overtaken iron ore as the world’s most sought-after commodity, driven by electrification, the energy transition and AI data center demand....
By Clara Chen · Bloomberg
The mining industry is undergoing a structural transformation. Copper has overtaken iron ore as the world’s most sought-after commodity, driven by electrification, the energy transition and AI data center demand. Meanwhile, traditional commodity markets are facing a shifting landscape as China’s steel consumption pivots away from a slumping property market toward advanced manufacturing.