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Related Special Reports
...South Africa’s minerals resources minister has voiced his opposition to BHP’s £31bn proposal to take over Anglo American, fuelling doubts over a deal that would combine two global mining companies....
...“You don’t shrink yourself to greatness in these companies.”...
...The Metals Company, a Nasdaq-listed, Vancouver-based company at the forefront of efforts to mine the Pacific seabed, has been lobbying US lawmakers for support measures, including federal funds for a proposed...
...However, some analysts question the share price impact of thermal coal divestments of industry peers Anglo American and Rio Tinto, arguing that the moves have not lifted their shares....
...The world’s largest mining company has made a proposal for an all-share combination with the 107-year-old company, as it seeks to grow its portfolio of copper mines, a metal vital for the energy transition...
...Anglo American, one of the few miners to build a copper mine in recent years, offers growth in the red metal, buried amid its South African iron ore and platinum assets....
...As prices fall, the companies can only awkwardly point out that these metals now matter less and less to the group’s profits....
...BHP has proposed a £31bn takeover of Anglo American that would bring together two global mining companies and rank as one of the industry’s largest transactions in years....
...company....
...Besides diamonds, the London-based company managed to maintain its guidance across its other commodities such as copper, iron ore and steelmaking coal....
...The metal is heavily used in renewable energy projects and electric vehicles....
...Why does BHP want to own Anglo American? It doesn’t, it wants to own some of Anglo American, specifically the bits that don’t need fixing....
...Anglo American has written down $2.4bn in its diamond and nickel businesses as the gemstone market takes longer to recover and the battery metal suffers from a glut of Indonesian supply....
...Global mining companies have called for a green premium for sustainably produced nickel traded on the London Metal Exchange, as a flood of allegedly “dirty” supplies from Indonesia squeezes profits for producers...
...So far 50mn Americans have insurance coverage for Wegovy and last month the FDA approved its use to cut cardiovascular risks in obese and overweight patients....
...“For the American and European supply chains to be built, you need a surety built by the government,” said Matthew Ashley, senior cobalt trader at Traxys, a Luxembourg-based trading house....
...The closure of a giant mine in Panama and a severe downgrade in Anglo American’s forecasted copper production in recent weeks have contributed to removing 750,000 tonnes or 3 per cent of global supply next...
...Processes involved in making lithium-ion batteries include producing electrodes, pasting the electrodes on to thin metal sheets, rolling them up, putting them in metal cans, filling the cans with liquid...
...platinum and iron ore operations driving most of the company’s earnings....
...Under the commitments, companies including BHP, Rio Tinto and Anglo American must disclose nature-related risks and impacts of their projects by 2026, ensure no net loss of biodiversity when they close mines...
...After 15 years there was little difference in the number of men who died from prostate cancer, whether or not they had received the test, according to the research published in the Journal of the American...
...Biden should be using economic policy to strengthen this partnership, not to weaken it by treating a Japanese company as a security threat....
...Russ Mould, investment director at AJ Bell, says: “Leading copper miners listed in the UK include Antofagasta and Central Asia Metals, while Anglo American, Rio Tinto and Glencore are more diversified producers...
...Anglo American has unveiled plans to slash metal production to cut costs and combat the slide in its share price that has been far deeper than rival mining companies....
...Chief executive Elon Musk said the company would provide more details in August, alongside a “robotaxis” announcement....
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