BHP’s chief executive said the company is weighing whether to resurrect defunct mines in the historic US copper belt, as the “breathtaking” shift in government policy turbocharged the country’s extraction industry.
Mike Henry, who leads the world’s largest mining group, said initiatives put in place under President Donald Trump had led the company to increase exploration in the US, and prompted a review of its options in Arizona, the heart of the US copper industry.
Henry pinned the changes to a “breathtaking level of ambition and urgency” in the US around the supply of critical minerals, part of Trump’s push to secure resources and better compete with China.
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