Big mining company BHP just reported its earnings! They made less money than last year, but things might get better soon. They're hoping for a boost from China's economy and lower interest rates.
- BHP's profit was down 23% this year.
- They expect more demand for iron ore and copper.
- China's economy is showing signs of improvement.
- Lower interest rates might help boost demand.
| Item | Number |
|---|---|
| Profit (in billions) | $5.08 |
| Iron ore price (per ton) | $81.11 |
| Copper earnings (in billions) | $5 |
| Planned spending on copper (in billions) | $4.7 |
