BHP’s Slattery urges Australia to bolster energy security, AI adoption and competitiveness

Reuters14:10
BHP’s Slattery urges Australia to bolster energy security, AI adoption and competitiveness
  • BHP President Australia Geraldine Slattery said disruption in the global economy is becoming almost constant and investment conditions are mixed.
  • She identified energy, artificial intelligence and competitiveness as major forces shaping business agendas and Australia’s economic outlook.
  • Slattery said energy security affects industry costs and productivity, and that policy settings influence industrial competitiveness and capital deployment.
  • She said productivity gains from AI depend on integrating operational data into core decision-making, citing use in BHP’s Pilbara iron ore operations to detect failures earlier and reduce downtime.
  • Slattery cited the Business Council’s Global Investment Competitiveness Index ranking Australia 21st out of 42 nations, and said competitiveness depends on investment certainty, approval speed and delivery capability.


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