BHP Group Limited (BHP.L)

Can Anglo's copper pivot help thwart renewed takeover bid?

JOHANNESBURG (Reuters) -The speed at which Anglo American shifts to becoming a copper-focused miner may well dictate its ultimate fate - survival as an independent operator, or absorption by a bigger rival such as BHP Group, which earlier this year failed to buy the group. Anglo was able to convince investors during BHP's approach that it had a better plan to grow value, focused on shedding underperforming platinum, diamonds and coal to focus on copper, a metal key for the energy transition. Anglo CEO Duncan Wanblad is rushing to sell coking coal mines in Australia and nickel assets in Brazil while spinning off platinum mines in South Africa.