RE: Critical Minerals 203523 Nov 2025 20:39
Would the news of a possible bid by BHP for Anglo be an increased interest in the mining sector, or specifically in copper?
"BHP has made overtures to Anglo American in recent days, Bloomberg News reported earlier today, citing people familiar with the matter, adding that deliberations are ongoing and there is no certainty of a deal.
Anglo American's market capitalisation is about $41.80 billion, while BHP's is around $132.18 billion, based on LSEG data.
In September, Anglo American agreed plans to merge with Teck in an all-share deal, marking the sector's second-biggest M&A deal ever.
The deal came just over a year after BHP scrapped a $49 billion bid for Anglo, a deal that would have boosted the Australian miner's holdings of copper, the metal seen as essential for the transition to greener energy."