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BHP’s changing focus from paying generous dividends for today’s shareholders to growth for tomorrow's is likely be dominated by an US$8 billion investment in the giant Escondida copper mine in Chile to achieve a modest increase in annual production.
While ranking as one of the biggest single projects ever undertaken by the Australian-based miner the forecast internal rate of return on the next phase of Escondida's life is an attractive 20%,
Stausholm says the company has cupboard full of amazing opportunities
Rio Tinto playing the long game on copper
Rio Tinto flashes its new copper jewel
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