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By Melanie Burton
MELBOURNE (Reuters) -Global miner BHP Group is focused on cutting costs to drive growth while being patient on buying assets, its chief development officer Johan van Jaarsveld said on Thursday in Melbourne.
"This is a cyclical industry, and you sometimes are going to have to wait for 10 years or may be more to get the right opportunity at the right price," van Jaarsveld said.
"If we can save 10% of our cost base, that's $20 billion in value that's under our control. The last...
>>> Read more: Global miner BHP to focus on cost cuts, patient on M&A
MELBOURNE (Reuters) -Global miner BHP Group is focused on cutting costs to drive growth while being patient on buying assets, its chief development officer Johan van Jaarsveld said on Thursday in Melbourne.
"This is a cyclical industry, and you sometimes are going to have to wait for 10 years or may be more to get the right opportunity at the right price," van Jaarsveld said.
"If we can save 10% of our cost base, that's $20 billion in value that's under our control. The last...
>>> Read more: Global miner BHP to focus on cost cuts, patient on M&A
