BHP’s iron ore business is ‘fighting fit’

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BHP’s iron ore business is ‘fighting fit’
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BHP CEO Mike Henry says the company’s iron ore business is “fighting fit” and set up to “be able to deliver good value to shareholders over the long term”.

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“We’ve very purposefully and in quite a disciplined way set ourselves up to be able to win in all scenarios – so we’ve

moved ourselves to being the lowest cost supplier of iron ore globally,” he told Sky News Business Editor Ross Greenwood.

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If predictions are true that some form of conflict with China are inevitable and only a few years away, how will Iron Ore miners deal with possible sanctions or ever open hostility?

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