BHP flags organic copper growth, US allure, silent on big buyouts

Group 1 - BHP highlighted its strong copper growth potential and the investment attractiveness of the United States during a recent shareholder briefing [1][2] - CEO Mike Henry emphasized the progress in BHP's copper growth, noting a 28% increase in copper production in recent years and the establishment of four major copper growth basins [3] - The company did not address questions regarding potential acquisitions, particularly in light of the recent $53 billion Anglo-Teck merger, which is expected to stimulate further M&A activity in the mining sector [4][5] Group 2 - BHP's Argentinian copper assets and the U.S. investment environment were focal points of discussion, with the U.S. offering significantly lower power costs compared to Australia [2][6] - The company acknowledged challenges regarding its Jansen potash project, including increased capital expenditure estimates and delays in production timelines [6]