BHP boss Andrew Mackenzie met with Donald Trump in New York overnight

BHP boss Andrew Mackenzie met with Donald Trump in New York overnight
  1. BHP boss Andrew Mackenzie met with Donald Trump in New York overnight
    They're used to meeting with Australian prime ministers and world leaders like Chinese President Xi Jinping, so it was only a matter of time before BHP chief executive Andrew Mackenzie and chairman Jac Nasser broke bread with US President-elect Donald Trump.The BHP leaders visited Trump Tower in New York overnight, to be introduced to the man who will take control of the world's biggest economy later this month.It is understood their conversation focused on…

They’re used to meeting with Australian prime ministers and world leaders like Chinese President Xi Jinping, so it was only a matter of time before BHP chief executive Andrew Mackenzie and chairman Jac Nasser broke bread with US President-elect Donald Trump.

The BHP leaders visited Trump Tower in New York overnight, to be introduced to the man who will take control of the world’s biggest economy later this month.

It is understood their conversation focused on the global economy and the broader outlook for the resources industry.

The men are also understood to have spent some time discussing the future of BHP’s US assets, which are dominated by the oil and gas division which is based in the Republican Party heartland of Houston, Texas.

BHP also has a stake in a copper project in Arizona, which made headlines during last year’s presidential campaign after being opposed by Democrat party nominee Bernie Sanders.

“BHP Billiton chairman Jac Nasser and chief executive Andrew Mackenzie had a productive meeting with President-elect Trump and Vice President-elect Pence today in New York City,” said BHP in a statement.

“They discussed a wide range of subject areas, including the global resources sector, and BHP Billiton’s investment in the US. The company looks forward to working with the new administration.”

Mr Trump’s nationalist policies and threats to impose tariffs on cheap Chinese imports could have a big impact on BHP, which counts China as its biggest customer.

But BHP shares have also rallied since Mr Trump’s election, amid investor hopes the new leader will spend billions upgrading US infrastructure.

The meeting comes barely two months after Mr Nasser predicted that some of Mr Trump’s campaign rhetoric would not become official policy once he was in the White House.

“What you have seen in the US political process recently is quite a lot of rhetoric and some of which will happen and some of it won’t, I happen to think we should wait,…

  1. Apple iPhone 8 can be reportedly submerged underwater for half an hour - Business
    01.15 / 17:30
    The iPhone 8 is reportedly set to receive an IP68 rating, allowing the phone to be submerged underwater 1.5 metres deep for 30…
  2. One of the most famous political writings of all time was really a fruitless job application from a struggling bureaucra - Australian Stories
    01.15 / 15:07
    The term "Machiavellian" isn't a compliment. That's largely thanks to Niccolò Machiavelli's famous 16th century political treatise "The Prince." The work looks at statecraft through a realpolitik lens, often appearing to argue that the end usually justifies the means when it comes to maintaining …
  3. Coalition keeps flogging TPP dead horse - Business
    01.15 / 13:28
    By Leith van Onselen Ever since Donald Trump won the November US Presidential Election it has been clear as day that the Trans-Pacific Partnership (TPP) trade deal is ‘dead, buried and cremated’, with zero chance that the new President would do a 180-degree flip and suddenly support the pact. But with some still holding-out hope The post Coalition keeps flogging TPP dead horse appeared first on…
  4. Putin has no plans to meet Trump, says the Russian embassy in London - Australian Stories
    01.15 / 12:44
    The Russian embassy in London has denied that Russian president Vladimir Putin will meet President-elect Donald Trump in Iceland following his inauguration on January…
  5. People care less about finding someone who is an intellectual match on dating sites as they get older - Australian Stories
    01.15 / 11:22
    When you're on a dating website like or idly swiping on Tinder, generally you're more likely to match with -- and also speak to -- someone who is intellectually…
  6. The company that made Prince George's dressing gown has raised £5 million - Australian Stories
    01.15 / 10:21
    The company behind the dressing gown HRH Prince George wore when meeting President Obama has secured a £5 million growth funding round. My 1st Years, a children's gifts personalisation site that was founded in 2009 by childhood friends Daniel price and Jonny Sitton, said it will use the fresh capital to drive developments in operations, marketing, and international expansion into the …
  7. This chart shows the threat of populism in 20 of the world's biggest economies - Australian Stories
    01.15 / 09:39
    Populism spread like wildfire across the world in 2016, and the trend looks set to continue in 2017. Writing in a new briefing this week, Gabriel Sterne…
  8. House prices in trendy London areas like Hackney and Peckham have jumped over 50% since 2008 - Australian Stories
    01.15 / 08:59
    House price growth in once down-at-heel areas of London such as Hackney and Peckham has outpaced posh neighbourhoods such as Mayfair and Kensington since the financial…
  9. Patriots defensive coordinator Matt Patricia almost didn't get hired because he wanted to check with his wife first - Australian Stories
    01.14 / 20:42
    Along with Bill Belichick and Tom Brady, one of the most recognisable faces on the New England Patriots sideline over the past several seasons has been that of bearded defensive coordinator Matt…
  10. Controversial Church to open new NZ base - Business
    01.14 / 18:02
    The Church of Scientology will open its new $16 million Auckland base next Saturday - with the church's high profile leader David Miscavige tipped to be coming to cut the ribbon. The religious movement, which counts the likes of actors Tom Cruise and John Travolta among its followers internationally, has transformed the former Whitecliffe School of Art and Design, on Grafton Rd, into its new HQ. Scientologists bought the building in 2007 for $10 million. A further $6m has been spent on…
  11. 5 things Google's Pixel phone can do that the iPhone can't - Australian Stories
    01.14 / 17:38
    OO.ready(function() { window.player = OO.Player.create("ooyala-player","VjNzRyODE6kTT2FCERTdEL0r0u8Xn8om", { autoplay. false }); }); Google's first ever smartphones, the Pixel and the Pixel XL, are such good phones that they can go head-to-head with many iPhone features. In fact, the Pixel may even be a better phone. Here are 5 reasons…
  12. Wasabi served at most sushi restaurants is not what you think it is - Australian Stories
    01.14 / 16:57
    You've probably never had real wasabi, no matter how much sushi you've eaten. The vast majority of wasabi consumed in America is simply a mix of horseradish, hot mustard, and green dye, according to a new video from the American Chemical…
  13. This is exactly what you should do if a bear attacks you - Australian Stories
    01.14 / 15:36
    VIDEO: Don't run into a bear unprepared. We asked survival expert Tim Macwelch, author of "How To Survive Anything" what to if you find yourself face to face with a…
  14. Why Amazon's Echo is totally dominating -- and what Google, Microsoft, and Apple have to do to catch up - Australian Stories
    01.14 / 13:54
    We're barely halfway through January of 2017, and it's already looking like this is going to be the year of Amazon's Alexa, the virtual assistant at the heart of the Amazon…
  15. Trump suggests US sanctions against Russia are unnecessary if Moscow is 'really helping us' - Australian Stories
    01.14 / 09:48
    President-elect Donald Trump seemed to offer more detail about his positions on Russia and China under his incoming administration. Trump left open the possibility that the US could reconsider its adherence to the "One China" policy during an interview with The Wall Street Journal published Friday…
  16. Top security expert: 'There is no WhatsApp backdoor' - Australian Stories
    01.13 / 22:53
    WhatsApp, a massive messaging platform owned by Facebook, is well known as one of the more secure messengers on the market. WhatsApp redesigned its backend earlier this year so that every message sent using the service will be protected in a way that even WhatsApp would not be able to read it if it wanted to, called end-to-end…
  17. 'A Series of Unfortunate Events' appears to make one major change from the book -- but it's not what you think - Australian Stories
    01.13 / 22:33
    This post includes spoilers for "A Series of Unfortunate Events." "A Series of Unfortunate Events" is, as you might have guessed from the title, not a happy…
  18. STOCKS TICK UP: Here's what you need to know - Australian Stories
    01.13 / 21:11
    Stocks ticked up on Friday after a slew of economic data. The Nasdaq and the S&P 500 closed up, while the Dow finished slightly negative. First up, here's the…
  19. The House just took another major step toward repealing Obamacare - Australian Stories
    01.13 / 20:51
    The US House of Representatives on Friday struck the second blow in the repeal of the Affordable Care Act (ACA), better known as Obamacare. The House passed a resolution Friday that will direct committees in the Senate to draft legislation that would repeal the…
  20. 13,000 people booked Airbnbs in Washington D.C. for Trump's inauguration - Australian Stories
    01.13 / 20:30
    For many residents of Washington D.C. the inauguration is a lot more than a transition of power. It's also a weekend to make thousands of dollars renting out spare…