Suppose you are the CEO of BHP Billington, one of the ???big four?? global minin

Question

Suppose you are the CEO of BHP Billington, one of the ???big four?? global mining companies of which two are based in Australia. Knowing that your largest ???product?? is the mining and export of iron ore and that China is your largest customer, which of the following would matter to you?

Question 7 options:

$AUD / Yuan exchange rate.

Charter/spot rates for bulk carriers (ships).

Global demand for steel.

Interest rates.

All of the above.

$AUD / Yuan exchange rate.

Charter/spot rates for bulk carriers (ships).

Global demand for steel.

Interest rates.

All of the above.

Explanation / Answer

Correct option is > All of the above.

All factors including currency like interest rates, demand of products like steel which is uses iron ore as raw material, exchanges rates and logistic costs.

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