Keep pulling the thread on Mike Henry.
Global demand for critical minerals is soaring, driven by the energy transition and the AI boom.
Mike Henry, CEO of BHP, predicts that global copper demand will almost double over the next 25 years.
A specific copper project being developed by BHP in the United States has the potential to supply 25% of the country's copper demand for several decades.
BHP CEO Mike Henry met with the U.S. President and the Secretary of the Interior in the Oval Office to discuss a major copper project.
As part of its strategic pivot, BHP spun out its oil and gas division.
BHP collapsed its dual-listed company structure into a single primary listing, which unlocked significant value for shareholders.
BHP has grown its copper production by 30% over the past three years and is now the world's largest copper producer.
BHP approved the Jansen Potash project in Canada, which represents the largest ever capital project for the company.
BHP made two unsuccessful acquisition attempts for rival mining company Anglo American.
Mike Henry plans to step down as CEO of BHP, with a handover scheduled for July 1st.
Prior to its recent portfolio reshaping, approximately 80% of BHP's EBITDA was generated from oil and gas, thermal coal, coking coal, and iron ore.
BHP has reduced the size of its coal portfolio by half and now focuses only on high-quality coals for steelmaking.