Mining giant BHP sees strong demand for iron ore, copper and coal as China shows recovery signs

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Mining giant BHP sees strong demand for iron ore, copper and coal as China shows recovery signs - Malay Mail

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SYDNEY, Feb 18 — Australian mining giant BHP reported strong demand for its output today despite global trade and eco...

The group said it expected the world economy to grow by about three per cent in 2025 and 2026.“The impact of policy on trade and inflation remains a key uncertainty, particularly for the United States and its trade partners,” BHP said.“Developed economies are expected to gradually recover, as interest rates continue to be lowered, with the US economy likely to outperform other developed markets.

Sales of key commodities iron ore, copper, and steel-making coal all increased by volume year-on-year in the six months to December 31, 2024, the group said.