2259 GMT - Australia should be optimistic, but not complacent, about the role it can play in supplying metals and minerals to the world as tariffs threaten global trade patterns, says BHP's Australia president Geraldine Slattery. "We've all watched the flurry of recent trade moves and countermoves as countries seek to shore up industrial investment and secure mineral and energy supplies," Slattery says in prepared remarks for a business summit in Sydney. "It's clear the rules of the game are changing, and the competition is fierce." Australia has many of the minerals needed to fuel the next phase of global development, she says. Slattery urges Australian business leaders and policymakers to "strengthen our competitive edge, lean into our natural strengths, and be clear on the settings and capabilities that will enable us to compete." (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
March 03, 2025 17:59 ET (22:59 GMT)
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