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30 Jul
12:20

BHP, Lundin agree to buy copper miner Filo

BHP and Lundin Mining Corp are jointly acquiring copper miner Filo Corp for CAD 4.1 billion ($2.9 billion). The acquisition comes as BHP seeks to boost its exposure to copper, whose prices have reached all-time highs in May. The Australian mining giant bought copper and nickel miner OZ Minerals for $6.4 billion in 2023 and made waves earlier this year after attempting to acquire Anglo American, though without success. Filo, listed on the Toronto Stock Exchan…
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