According to BHP Billiton's WeChat account, the 15th China International Steel Conference was held in Shanghai on September 19-20, hosted by the China Iron and Steel Industry Association and the Metallurgical Industry Branch of the China Council for the Promotion of International Trade. In his keynote address, BHP Billiton CEO Compaq pointed out that China's continued investment in advanced manufacturing, renewable energy, and the digital economy will create new growth momentum and resource requirements. Steel will continue to be an important pillar of economic development and industrial competitiveness, and the importance of copper will continue to rise. Compaq said that in iron ore, over the next five years, BHP Billiton expects to invest more than 10 billion US dollars in the iron ore business to maintain and increase production capacity, develop high-quality ore resources, and upgrade port and railway infrastructure; fully support Western Australian iron ore to achieve the goal of 305 million tons of annual production capacity in fiscal year 2028; in terms of copper, BHP Billiton plans to continue to expand copper production capacity over the next ten years to support global electrification, energy transformation and digital infrastructure construction.

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