opinion
Copper, photographed at BHP's Olympic Dam mine in South Australia, is a hot commodity that may get hotter as deposits become more difficult to find.
Mike Henry, the Canadian CEO of BHP BHPLF , the world’s biggest mining company, tried to go out with a bang. Instead, he will leave with a whimper. The art of the deal was not his forte, at least in the last year or so. And for that, Canada’s Teck Resources TECK-B-T couldn’t be happier.
Mr. Henry has been CEO of BHP since 2020 and is likely to retire some time in 2026. He will leave BHP in good shape, with leading positions in copper, steel-making coal, nickel, potash and iron ore. The one product he truly seemed to cherish was copper, the metal essential to creating the low-carbon, renewable-energy future. Copper prices have do

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