OZL News: UPDATE 2-Australia's OZ Minerals to double copper output after rebuffing BHP offer - 26th Aug 2022, 10:38am

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(Recasts with comments from CEO)

By Praveen Menon

Aug 26 (Reuters) - Australian miner OZ Minerals Ltd said on Friday it has a "lot more value to create" than accepting a $5.8 billion BHP Group takeover offer, as it looks to more than double its copper output to support green energy.

The copper-nickel miner, which rebuffed BHP's A$25 a share offer earlier this month, said a global decarbonisation and electrification push is set to drive significant demand for its core metals.

"The world is on...

>>> Read more: UPDATE 2-Australia's OZ Minerals to double copper output after rebuffing BHP offer
 
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