QUESTION 3 OF 35

Considering the volatile nature of BHP Group Limited's industry, what is the outlook for the metals and mining industry in the next year?

When answering this question, it isn't necessary to offer an incredibly long or drawn-out answer. Simply display yourself as a trusted resource by how informed and up-to-date you are. The questions posed in testing your industry knowledge may vary, so spend time doing your research prior to your interviews. Take note of a few interesting points. Wrap up your response by asking the interviewer for their opinion on the outlook of the industry. This question could spark an insightful and helpful conversation.

"I read in an article a short time ago that mining was one of 2021's best performing sectors despite a slow start to the year. Citi analysts are predicting another solid year. With the need for rare earth metals and electric vehicles, I expect mining to be a strong performer in the years to come. How do you feel the outlook will be for this industry in the years to come?"

"Although the prices for many commodities have declined over the years, I feel that we will be bouncing back again very soon. According to the Financial Post, 2018 is going to be a solid year for the metals and mining industry."

Community answers are written by other candidates practicing this set. Reading how others frame the same question is one of the fastest ways to sharpen your own.

Anonymous Answer

Well, given the increase in commodity prices over the past year I think earnings will be down slightly from last year, which was a record year for the company. Nonetheless, I think it's pretty clear that 2023 and 2024 will be strong years for the company and the metals and mining industry. There are still tailwinds from the energy transition that will keep profits high.

Marcie's Feedback

Excellent! You come across as very knowledgeable about the industry and company. Consider ending your response by expressing your excitement to be a part of this industry. Nice job!

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BHP Billiton Mock Interview

Considering the volatile nature of BHP Group Limited's industry, what is the outlook for the metals and mining industry in the next year?

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