BHP Group CEO Mike Henry stated in an interview that the surge in copper demand over the next decade will require $250 billion in investment, which will help drive further mergers in the industry. New deposits of certain key minerals are becoming increasingly difficult to find, development costs are rising, and the requirements for risk management and technical capabilities are also increasing. Henry said that copper demand, as a key factor in energy transition, will grow by 70% to 100% by 2050. (Bloomberg)