MINERS

BHP sanguine about emerging Africa iron ore sector

Major producer says overall market is far larger than production tonnages being mooted

BHP is very comfortable continuing its focus on the Pilbara region given its established infrastructure and tens of billions of tonnes of resources

BHP is very comfortable continuing its focus on the Pilbara region given its established infrastructure and tens of billions of tonnes of resources | Credits: BHP

BHP is not overly concerned about the emerging African iron ore sector in which its main peer, Rio Tinto, and others such as Fortescue are currently involved. And that's for a couple of simple reasons...

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