At the World Economic Forum in Davos, BHP chief executive Mike Henry told Bloomberg Television that copper demand has become ubiquitous, touching every major industry. He warned investors that the metal’s role in renewable energy, electric vehicles and infrastructure will keep significant pressure on supply chains worldwide.

Henry outlined BHP’s expanding portfolio, emphasizing new projects that will boost copper flows into the United States. The Australian miner sees its North American assets delivering several million tonnes over the next decade, a move that could ongoing tighten regional pricing and give BHP leverage as utilities scramble for clean‑energy inputs.

Analysts view Henry’s comments as a signal that BHP will prioritize capital toward copper over traditional iron‑ore projects, betting on policy incentives for decarbonisation. Investors should monitor upcoming permitting decisions in Arizona and Chile, where the company plans to scale output, and watch how tighter supply could ripple through global commodity markets.