0506 GMT - Brandon Craig's skills appear well matched to BHP's plans for future growth, particularly in copper, Global X senior investment strategist Marc Jocum says following Craig's promotion to CEO at BHP. "The appointment of Brandon Craig at BHP is effectively like putting the chief engineer of the 'copper engine' in the driver's seat," he says. Jocum says Global X is structurally bullish on materials, with copper its highest conviction exposure. Global X invests in BHP via its exchange-traded funds. "Copper is becoming the electricity of the modern economy critical to AI, electrification and energy transition, while supply remains structurally constrained," says Jocum. "Against that backdrop, BHP offers leveraged exposure to a tightening market just as leadership shifts toward execution." BHP shares are up 0.9% at A$50.18. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
March 18, 2026 01:06 ET (05:06 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.