BHP News: BHP and Lundin Mining boost copper access, to buy Filo for $3.25 billion - 30th Jul 2024, 9:58am

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MELBOURNE (Reuters) -Global miner BHP Group and Canada-listed Lundin Mining will jointly take over developer Filo Corp for C$4.5 billion ($3.25 billion), the companies said on Monday, as they move to progress the South American projects.

BHP and Lundin will form a 50/50 joint venture to hold both the Filo del Sol and Josemaria projects around the Argentine-Chile border.

BHP and Lundin have offered C$33 per Filo share, reflecting a 12.2% premium to the Canadian copper miner's last close on Mond...

>>> Read more: BHP and Lundin Mining boost copper access, to buy Filo for $3.25 billion
 
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