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US China Trade Spat Not Yet Hurting Demand for its Commodities - BHP

Mining News - Published on Wed, 21 Aug 2019

Image Source: ET
Reuters, citing top global miner BHP Group, reported that the US-China trade war is not yet affecting demand for its commodities. Mr Andrew Mackenzie chief executive of BHP said that while the trade dispute was putting a dampener on global economic growth, it had not yet affected demand for BHP’s commodities such as iron ore, copper and coal in China, its biggest customer.

Mr Mackenzie, who spoke to reporters after BHP reported its best underlying profit in five years, also said the company was still considering whether to hold on to its thermal coal assets.

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Posted By : Sanju Moirangthem on Wed, 21 Aug 2019
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