BHP move to buy Anglo American puts future of copper in spotlight
Offer of £31bn could create world’s biggest copper miner but fears deepen over exodus of firms from City of London• Business live – latest updatesAustralian mining company BHP has set out plans for a £31bn takeover of rival Anglo-American in a deal which threatens to hasten the exodus of Britain’s largest companies from the City of London.The proposed takeover of London-listed Anglo would rank as one of the biggest deals in the global mining industry in the last decade and comes as mining companies race to corner the market for copper, which is in high demand within the clean energy sector. Continue reading...
Offer of £31bn could create world’s biggest copper miner but fears deepen over exodus of firms from City of London
• Business live – latest updates
Australian mining company BHP has set out plans for a £31bn takeover of rival Anglo-American in a deal which threatens to hasten the exodus of Britain’s largest companies from the City of London.
The proposed takeover of London-listed Anglo would rank as one of the biggest deals in the global mining industry in the last decade and comes as mining companies race to corner the market for copper, which is in high demand within the clean energy sector. Continue reading...
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