IGO revises chemical plant project cost at Greenbushes to $579m

Demand from the new energy vehicles, solar, wind and China's grid investment remains resilient; and copper is also benefiting from high-growth industries such as the data centres for AI and defense needs.

BHP is looking for growth opportunities in the copper sector after failing to take over Anglo American earlier this year.

Global lithium prices have plunged from two years ago due to a flood of new supply and softening growth in demand from the electric-vehicle sector.

The operation's overall carbon footprint has now been reduced by more than 80% from 2018 levels.