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Released April 26, 2024 | SUGAR LAND
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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.
According to the news media, BHP's bid seems to be focused on increasing its production of copper, a metal in much demand as it is involved in many elements of the energy transition, from wind turbines to electric vehicles. According to GRU Group (as cited by CNN), BHP is the world's top copper miner, and Anglo American is the ninth, and Anglo American's potential copper projects in Chile will help the company maintain this status.
In Chile, Anglo American plans to expand its Los Bronces copper mine to both the south, west and east. An underground portion to the south would add a 95-hectare sublevel. Above-ground expansions to the east and west would include 77 hectares toward the east and another 47 hectares to the west. Construction is expected to begin later this year, with completion expected in 2026. The expansions will help Anglo American maintain the mine's 180,000-ton-per-day capacity through 2036. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can learn more by viewing the project reports on the south expansion and east-west expansion.
But that's not all Anglo American has in store for the South American country. The company also has plans to spend more than US$3 billion on the expansion of the Collahuasi copper mine, a project that has several components, including expanding the open-pit mine's production capacity from 690,000 tons per day to 822,000 tons per day, necessitating the expansion of the processing plant's capacity.
While those aspects of the Collahuasi expansion are set to begin in the future, other portions of the project already have begun, including a water system. In 2022, the company began work on a seawater desalination plant that will be able to provide more than 8.7 billion gallons per year to the mine. The water will be transported from the facility via a 200-kilometer pipeline. Both the desalination plant and pipeline are expected to be completed later this year. Subscribers can learn about the mine and processing plant expansion, the upgraded water system and other aspects of the project by clicking here.
In its U.K. home, Anglo American is aiming to increase production of another commodity: potash. Work on a grassroot mine, located near Scarborough, North Yorkshire, kicked off in 2017 and entails creating separate production and service shafts about 1,500 meters deep. The mined material will be shipped 37 kilometers by an underground conveyor system to a materials-handling facility near Teesside, that would produce 7 million tons per year of granulated potash products and 3 million tons per year of course products for use in fertilizer applications. The conveyance system and materials-handling facility are expected to be completed this year, although the mine is not expected to begin operations until late 2026. Subscribers can click here for the related project reports.
Should the BHP-Anglo American deal go through, Anglo American's U.K. potash project would join an even larger BHP potash project in Saskatchewan. BHP began work on the Jansen potash mine in 2022, with the first phase of construction expected to be completed in 2026, resulting in the production of 4.3 million to 4.5 million tons per year from the underground room-and-pillar mine. An expansion of the mine already is planned, which could possibly kick off before Phase I is completed. Phase II would boost production to 8.5 million tons per year, and potential third- and fourth-phase construction could eventually boost the mine's output to 17 million tons per year. Subscribers can learn more by viewing the project reports.
In its home country of Australia, BHP has nearly US$7 billion worth of active projects. Among the company's largest projects underway in the country is the West Musgrave copper-nickel mine and processing plant in Western Australia. Construction began in 2022, and when completed in 2026, the processing facility will produce approximately 41,000 tons per year of copper and 35,000 tons per year of nickel. Subscribers can click here to learn more about the project. The project is one of several BHP projects in its home country. Subscribers can click here for a full list of BHP's active projects in Australia.
Subscribers to Industrial Info's GMI Metals & Minerals Database can click here to view reports for all of the projects discussed in this article and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
According to the news media, BHP's bid seems to be focused on increasing its production of copper, a metal in much demand as it is involved in many elements of the energy transition, from wind turbines to electric vehicles. According to GRU Group (as cited by CNN), BHP is the world's top copper miner, and Anglo American is the ninth, and Anglo American's potential copper projects in Chile will help the company maintain this status.
In Chile, Anglo American plans to expand its Los Bronces copper mine to both the south, west and east. An underground portion to the south would add a 95-hectare sublevel. Above-ground expansions to the east and west would include 77 hectares toward the east and another 47 hectares to the west. Construction is expected to begin later this year, with completion expected in 2026. The expansions will help Anglo American maintain the mine's 180,000-ton-per-day capacity through 2036. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can learn more by viewing the project reports on the south expansion and east-west expansion.
But that's not all Anglo American has in store for the South American country. The company also has plans to spend more than US$3 billion on the expansion of the Collahuasi copper mine, a project that has several components, including expanding the open-pit mine's production capacity from 690,000 tons per day to 822,000 tons per day, necessitating the expansion of the processing plant's capacity.
While those aspects of the Collahuasi expansion are set to begin in the future, other portions of the project already have begun, including a water system. In 2022, the company began work on a seawater desalination plant that will be able to provide more than 8.7 billion gallons per year to the mine. The water will be transported from the facility via a 200-kilometer pipeline. Both the desalination plant and pipeline are expected to be completed later this year. Subscribers can learn about the mine and processing plant expansion, the upgraded water system and other aspects of the project by clicking here.
In its U.K. home, Anglo American is aiming to increase production of another commodity: potash. Work on a grassroot mine, located near Scarborough, North Yorkshire, kicked off in 2017 and entails creating separate production and service shafts about 1,500 meters deep. The mined material will be shipped 37 kilometers by an underground conveyor system to a materials-handling facility near Teesside, that would produce 7 million tons per year of granulated potash products and 3 million tons per year of course products for use in fertilizer applications. The conveyance system and materials-handling facility are expected to be completed this year, although the mine is not expected to begin operations until late 2026. Subscribers can click here for the related project reports.
Should the BHP-Anglo American deal go through, Anglo American's U.K. potash project would join an even larger BHP potash project in Saskatchewan. BHP began work on the Jansen potash mine in 2022, with the first phase of construction expected to be completed in 2026, resulting in the production of 4.3 million to 4.5 million tons per year from the underground room-and-pillar mine. An expansion of the mine already is planned, which could possibly kick off before Phase I is completed. Phase II would boost production to 8.5 million tons per year, and potential third- and fourth-phase construction could eventually boost the mine's output to 17 million tons per year. Subscribers can learn more by viewing the project reports.
In its home country of Australia, BHP has nearly US$7 billion worth of active projects. Among the company's largest projects underway in the country is the West Musgrave copper-nickel mine and processing plant in Western Australia. Construction began in 2022, and when completed in 2026, the processing facility will produce approximately 41,000 tons per year of copper and 35,000 tons per year of nickel. Subscribers can click here to learn more about the project. The project is one of several BHP projects in its home country. Subscribers can click here for a full list of BHP's active projects in Australia.
Subscribers to Industrial Info's GMI Metals & Minerals Database can click here to view reports for all of the projects discussed in this article and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
