BHP Guidance Unchanged for Capital, Exploration Spending

The video discusses BHP's significant revenue from China and the potential impact of China's economic slowdown on the company. It highlights the steady demand for iron ore in 2019 but notes supply uncertainties following a disaster in Brazil. BHP's CEO expresses sympathy for those affected by the disaster and emphasizes the need for industry-wide safety improvements. The company is monitoring potential impacts on its operations and plans to restart them only when safe and economically viable.

What is the primary concern for BHP regarding its revenue from China?

• A complete halt in China's economic activities

• A moderate slowdown in China's economic growth

• A significant increase in China's economic growth

• An unexpected surge in China's market demand

In 2019, what is the expected trend for iron ore demand according to BHP?

• A fluctuating demand

• A steady demand

• A significant decrease

• A significant increase

What was the main cause of uncertainty in the iron ore supply mentioned in the transcript?

• A technological advancement

• A change in government regulations

• A disaster in Brazil

• A new competitor in the market

How did BHP's CEO respond to the disaster in Brazil?

• By increasing production immediately

• By blaming other companies

• By offering sympathy and committing to learn from it

• By ignoring the incident

Under what conditions does BHP plan to restart operations at Sumaco?

• When competitors restart their operations

• When it is safe and economically viable

• As soon as possible, regardless of conditions

• Only if there is a demand surge