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...BHP’s approach to Anglo comes a year after the Melbourne-based mining company completed a A$9.6bn takeover of Australian rival Oz Minerals, which increased its exposure to copper....
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...However, the company warned that it “does not believe that any of these options are likely to recover any value for the company’s shareholders”....
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...A banker in the mining sector said the complexity of the proposed deal, as well as the political and antitrust risk it posed, meant the share prices of both companies would remain volatile for some time....
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...But rich deposits of minerals critical to the energy transition are likely to drive miners and regulators forward....
...manager specialising in metals and minerals....
...The Australian government’s classification of nickel as a “critical mineral” will make companies eligible to access the A$6bn facility, which offers low-interest loans and grants to support industry....
...of the Manara Minerals joint venture last year....
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...With the world’s largest reserves of the mineral, it commands a market share of more than 50 per cent....
...Companies buying into South Africa’s mining sector “have systematically got rid of the South African assets, so really the question we should be asking our minister is why do these companies keep on getting...
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