It seems they only have steel rules and Terms of Trade charts that don’t go back before 2005 at BHP. Here’s the latest on the Not so Big Australian’s extremely risky commodity concentration plan.
From Bloomberg:
Chief Executive Officer Andrew Mackenzie wants to sell Nickel West because it’ll never be big enough to boost earnings meaningfully, even when it’s producing raw materials for the booming electric vehicle industry. While the market to supply nickel for EVs may be worth about $4 billion by 2030, that’s still way off the $100 billion annual global trade in iron ore that’s the bedrock of BHP’s business.