Der angeschlagene Major, welcher aktuell wegen einem schwerwiegenden Minenunglück in Brasilien im medialen Fokus steht, sieht weiterhin sehr attraktive Langfrist-Fundamentaldaten in der Kupferbranche..
BHP eyes lower copper production costs, higher output
Dec 1 2015, 08:58 ET | About: BHP Billiton Limited (BHP) | By: Carl Surran, SA News Editor
- BHP Billiton (NYSE:BHP) says it plans to reduce copper production costs while increasing output of the metal, remaining optimistic about rising demand in the long term.
- Daniel Malchuk, BHP's copper chief, says the company will lower production costs to $1.08/lb. in FY 2017 from a projected $1.21/lb. in the year ending June 2016.
- Malchuk says that while near-term oversupply is weighing on current prices, attractive long-term fundamentals continue to support a positive outlook.
- Grade declines, falling investment across the sector, the lack of greenfield projects and expected demand growth in China are likely to constrain industry supply in the long term, Malchuk adds..
Quelle: bhpbilliton.com
Quelle: bhpbilliton.com
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