Lee, how have the last six months affected commodity markets?

The last six months have really been a reminder that energy shocks, they don't stay neatly contained.

They really reverberate around the entire economy.

So in the mining sector, for example, we've seen higher prices flow through the inputs that we use every day.

So things like diesel, shipping, chemicals, sulfuric acid, ammonia.

What's interesting, though, is that despite the massive scale of this disruption, the global economy has actually been more resilient than many people expected.

And part of that reflects strong underlying demand.

So as that demand for copper increases, how is BHP approaching producing it while also cutting greenhouse gas emissions at the same time?

Lee, how have the last six months affected commodity markets?

The last six months have really been a reminder that energy shocks, they don't stay neatly contained.

Uh, you know, they really reverberate around the entire economy.

So in the mining sector, for example, we've seen higher prices flow through the inputs that we use every day, so things like diesel, shipping, chemicals, sulfuric acid, ammonia.

What's interesting though is that despite the massive scale of this disruption, the, the global economy has actually been more resilient than many people expected, and part of that reflects strong underlying demand.

So there's a lot of offsets coming thing, from things like AI, but it also reflects the fact that governments are just getting better at adapting to shocks.

We sure have seen a lot of them over the last decade, so if you think about Crimea, COVID, Russia's invasion of Ukraine, now the Strait of Hormuz crisis.

So as that demand for copper increases, how is BHP approaching producing it while also cutting greenhouse gas emissions at the same time?

Lee, how have the last six months affected commodity markets?

The last six months have really been a reminder that energy shocks, they don't stay neatly contained.

Uh, you know, they really reverberate around the entire economy.

So in the mining sector, for example, we've seen higher prices flow through the inputs that we use every day.

So things like diesel, shipping, chemicals, sulfuric acid, ammonia.

What's interesting, though, is that despite the massive scale of this disruption, the, the global economy has actually been more resilient than many people expected, and part of that reflects strong underlying demand, so there's a lot of offsets coming thin- from things like AI.

But it also reflects the fact that governments are just getting better at adapting to shocks.

So as that demand for copper increases, how is BHP approaching producing it while also cutting greenhouse gas emissions at the same time?