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 The Silver Denarius and the Fall of Rome READ MORE China Doubles Down on Moves to Avert a Financial Crisis READ MORE The Looming Crisis in America's Office Real Estate Market READ MORE Stocks, Gold Rise on Bet on Aggressive Fed Rate Cut READ MORE Gold Nears Record Highs Despite Fed's Hawkish Stance on Rates READ MORE Add a Comment Cancel replyYour email address will not be published.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