Former Anglo American suitor, BHP, expects to benefit from Trump-induced global turmoil

GLOBAL mining and metals company, BHP believes it is set to “benefit from a flight to quality” assets in the face of global volatility and policy uncertainty.

- NICOLA MAWSON

The company, listed in Australia, London, and on the JSE, said on Thursday morning in its third quarter operational review that, year-to-date as of the end of March, it has delivered record group production in both copper and iron ore. It said it is on track to achieve full-year production in line with its guidance.

BHP CEO, Mike Henry, said the company is “poised to benefit from a flight to quality with tier one assets, industry-leading margins and high-return organic growth opportunities that will underpin value and returns through the cycle” in the face of global volatility and policy uncertainty.