Bloomberg reported that the world's largest miner BHP Billiton said that China's investment scale of hundreds of billions of dollars along the way all the way to boost the bulk of commodities, promote global steel demand increased by about 150 million tons.

BHP Billiton, headquartered in Melbourne, said infrastructure projects to develop and rebuild China's ancient European maritime trade routes have launched projects worth about $ 1.3 trillion. BHP Billiton is the world's largest exporter of coking coal, the third largest iron ore supplier. Credit Suisse said last month that in the next five years, the value of 313 billion US dollars to 502 billion US dollars of investment may flow into the 62 along the way along the country.

"Where there is infrastructure, there will be economic development, which will lead to copper demand, and then lead to energy demand," BHP Billiton's chief business officer Arnoud Balhuizen told reporters in Melbourne on Thursday. "China 's steel production will be used along the way along the line of the project, which of course is conducive to the demand for commodities.

Balhuizen told reporters that BHP Billiton lifted the irresistible output limit of the Chilean Escondida copper mine on Thursday. The copper mine workers carried out a 44-day strike earlier this year. He said that after the Australian hurricane Debbie in March, coking coal sales continued to be limited.

BHP Billiton fell 0.7% to $ 23.73 in Sydney on Thursday, expanding its year to 5.3%.