RIO News: Global Miners Gear Up for Energy Transition With Deals and Investments - 28th Feb 2023, 12:00am

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ADELAIDE, Australia—Global miners are spending billions of dollars on deals and raising budgets for new projects in a bet on the energy transition, changing course from a decadelong focus on shareholder payouts. BHP Group , the world’s biggest miner by market value, is close to completing its biggest acquisition since 2011 with copper-and-gold miner OZ Minerals recommending its shareholders vote in favor of the more-than $6 billion bid. Two months ago, Rio Tinto PLC bought out minority...

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