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By Siyi Liu and Mai Nguyen
BEIJING/HANOI (Reuters) - BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a scramble for mining assets as a bullish demand outlook and tight supply for a mineral crucial to the energy transition sends prices to multi-year highs.
Combined, the companies would churn out 10% of global output of the red metal, cementing diversified miner BHP's position as the top producer ahead of copper-focused Codelco and Freeport-McMoR...
>>> Read more: Analysis-BHP's proposed bid for Anglo American is a big bet on copper
BEIJING/HANOI (Reuters) - BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a scramble for mining assets as a bullish demand outlook and tight supply for a mineral crucial to the energy transition sends prices to multi-year highs.
Combined, the companies would churn out 10% of global output of the red metal, cementing diversified miner BHP's position as the top producer ahead of copper-focused Codelco and Freeport-McMoR...
>>> Read more: Analysis-BHP's proposed bid for Anglo American is a big bet on copper
