BHP Plans Sale of Brazilian Copper and Gold Mines BHP Group Ltd., the world’s leading mining company, is seeking to sell its Brazilian copper and gold assets acquired through the Oz Minerals Ltd. takeover in May 2023. This decision follows a strategic review of these assets, and BHP has hired Banco Santander SA to advise on the potential sale. The acquisition of Oz Minerals was BHP’s largest deal in over a decade, aimed at increasing its exposure to materials essential for clean energy and electric vehicles. Despite this, BHP is focusing on developing a copper hub in South Australia and has no plans to sell its stake in Samarco Mineracao SA, an iron ore producer jointly owned with Vale SA. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inflation Squeeze: Gen Z Turns to Parents and Budget Cuts to Survive READ MORE Gold Recycling Rises in India During Wedding Season Amid High Prices READ MORE Inflation Woes from Pandemic Keep Fed's Rate Cuts on Hold READ MORE Why You Should Pay Off Your Credit Card ASAP READ MORE "When the Crisis Hits, Buffett Will Buy Gold" Mike Maloney READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment