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Miner BHP Makes Bid for Rival Anglo American in Mining Shakeup

Miner BHP Makes Bid for Rival Anglo American in Mining Shakeup

April 26, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Australian mining giant BHP Group (NYSE:BHP) (Melbourne) has made an unsolicited bid of US$38.8 billion for U.K.-based miner Anglo American plc (London) in a move that could shake up the mining world. Anglo American says it is considering the bid, which, if successful, would create the world's biggest copper miner. If it goes through, the deal would result in the merger of more than US$45 billion worth of active projects from the two companies.

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