development and marketing of natural resources. BHP does so by following its effective strategy: to own and operate large, long-life, low-cost, expandable, upstream assets diversified by commodity, geography and market. Which is far easier to say than do yet BHP seem to have mastered it. BHP is demonstrating this by leading the way with its recent investment,
South Flank. One of many of its projects, it is particularly gaining attention by pledging to set new standards as it paves the way for the future of the resources industry. SOUTH FLANK IRON ORE In June 2018, the BHP Board approved US$2.9 billion (BHP share; US$3.4 billion 100%) in capital expenditure for the South