Reported 3 months ago
BHP Group Ltd. has formed a joint venture with Canada’s Lundin Mining Corp. to acquire Filo Corp., a copper miner with operations in Chile and Argentina, for approximately $3 billion. BHP will take a 50% stake in Filo, gaining access to key projects in the Vicuna copper belt, with plans to enhance its copper exposure amid increasing demand for the metal critical to energy transition.
Source: YAHOO