BHP said CEO Brandon Craig expects to invest more than $10 billion in its
iron-ore business over the next five years to sustain and boost capacity,
develop high-quality deposits and upgrade port and rail infrastructure. The
company will fully support Western Australia iron-ore assets reaching 305
million tonnes a year by FY2028. BHP also plans to expand copper production over
the next decade to support global electrification, the energy transition and
digital infrastructure.
