BHP Billiton Limited
(ASX:BHP) boss Andrew Mackenzie says Chinese demand for Australia's natural resources may prove to be stronger than first thought, according to media reports.
Speaking at the opening of the mining giant's new headquarters in Melbourne, Mr Mackenzie reportedly said the Chinese government's recent economic policy summit was positive for Australia’s mining industry.
The speech was delivered to an audience of current and former political leaders, including former Prime Minister Paul Keating and former treasurer Peter Costello.
Mr Mackenzie had not previously shared his view of the recent third plenary session in China, but his comments were similar to some of his comments earlier this year.
In June, Mr Mackenzie revealed the Premier had personally assured him of China's ongoing need for the raw materials that BHP produces.
BHP generated a net profit of $11.9 billion in fiscal 2013.