BHP Group Limited (BHP1.F)
- Bloomberg
BHP, Vale Ink $30 Billion Settlement for Brazil Dam Disaster
(Bloomberg) -- BHP Group and Vale SA have signed a 170 billion-real ($29.8 billion) settlement with Brazil over the deadly Mariana dam collapse in 2015 at their iron ore joint venture.Most Read from BloombergThe Tartarian CandidateBooming Cambridge Exposes England’s Widening Wealth GapRobotaxis Are No Friend of Public TransportationArgentina Drug Trafficking Hotspot Sees Murders PlungeOman Sees an Urban Future Distinct From Dubai and Abu DhabiThe settlement, which includes 38 billion reais, or a
- Reuters
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.
