BHP bets billions on Chile mines to face global copper crunch
BHP detailed to investors this week plans to spend $10.7 billion to $14.7 billion within about 10 years.
Vale SA (VALE3), the world’s largest iron- ore producer, rose the most in a week after Chief Executive Officer Murilo Ferreira said the company will benefit from a recovery in Chinese construction and manufacturing.
Demand for steel is higher amid a…