BHP Group (BHP) is planning to sell Brazilian copper and gold assets it acquired with the takeover of Oz Minerals, Bloomberg’s Rachel Gamarski and Vinicius Andrade report, citing people familiar with the matter. BHP has no intention of getting rid of Samarco Mineracao SA, the iron-ore producer it jointly owns with Vale SA (VALE), the miner’s Brazil country manager told Bloomberg last year.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BHP:
- BHP Group downgraded to Sell from Buy at Panmure Liberum
- M&A News: BHP, Lundin Mining to Acquire Filo for $3.25B in Copper Push
- BHP Group to acquire Filo Corp. for $2.1B
- BHP and Lundin Mining to acquire Filo Corp. and form a 50/50 joint venture to progress the Filo del Sol and Josemaria projects
- Teck being watched by biggest miners as possible target, Bloomberg says