BHP News: Mining giant BHP Billiton makes $39 billion bid for Anglo American to expand copper operations - 26th Apr 2024, 4:05am

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LONDON (AP) — Shares in U.K.-based mining giant Anglo American surged Thursday after it received a 31 billion-pound ($39 billion) takeover approach from rival BHP Billiton, a deal that would create the world’s biggest copper miner, with around 10% of global output — a hugely lucrative market in the transition to clean energy.

Anglo American's share price closed up 16% in London after revealing that BHP, the world's biggest miner, had put forward the “unsolicited” and â...

>>> Read more: Mining giant BHP Billiton makes $39 billion bid for Anglo American to expand copper operations