That stable foundation has given us the ability to make some of these big moves to get BHP positioned for the next 20, 30 or 40 years and to progress further in weighting the portfolio towards future-facing commodities like potash, copper and nickel. You saw that shining through in the operational and financial results. Jansen is a prime example of that.Įverything you have seen us announce at the full-year results is about positioning BHP for the future, wholly in line with what we have said we are going to be focused on. That then provides a solid foundation from which we can continue to grow, and to grow shareholder returns and value, and we can do that through growing in future-facing commodities – those commodities that the world needs more of. The second area of focus is on social value and on ensuring that we are creating value for all of those around us, of course starting with shareholders but also all of those others who depend on and support BHP. Of course, we also want to be great allocators of capital, and I think we have demonstrated now over a number of years our discipline in that regard. One is ensuring that we are the best operator out there, running ever more reliably with a real focus on productivity and tight control of costs. The focus, big picture, is on three things. MIKE HENRY, CEO, BHP: It is very consistent, Neil, with what I said when I first landed in the role. I do not want to go over all of those things in turn, but I wonder if you could tell me what this says about the direction you want to take BHP in. You have announced plans to spin off the petroleum business, collapse the DLC structure and move to a primary listing in Sydney, and you also okayed the big Jansen potash project in Canada. Now, Mike, it has been a year since we last spoke at this event, and I think it is fair to say that a lot has happened since then. It is Mike Henry, the chief executive of BHP, the world’s biggest mining company. NEIL HUME, FINANCIAL TIMES: I would now like to welcome our first guest. Mike Henry, CEO Interview with Neil Hume, Financial Times Transcript
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