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Copper|Mining|PROJECT|Projects
Copper|Mining|PROJECT|Projects
copper|mining|project|projects

CONTIGUOUS COPPER

CONTIGUOUS COPPER: Following is failed attempt to take over Anglo American in a deal primarily driven by copper, BHP has announced a joint venture with Lundin Mining to buy copper miner Filo. Besides each taking a 50% stake in the Filo del Sol copper project, in Chile, BHP will also acquire half of Lundin’s Josemaria project, just over the border in Argentina. The intention now is to combine the projects to cut costs. Photograph: Bloomberg

Photo by Bloomberg

9th August 2024

     

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Following is failed attempt to take over Anglo American in a deal primarily driven by copper, BHP has announced a joint venture with Lundin Mining to buy copper miner Filo. Besides each taking a 50% stake in the Filo del Sol copper project, in Chile, BHP will also acquire half of Lundin’s Josemaria project, just over the border in Argentina. The intention now is to combine the projects to cut costs. Photograph: Bloomberg

Edited by Creamer Media Reporter

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