BHP will begin work in earnest on how to integrate OZ Minerals’ copper and nickel assets into its operations and the costs involved developing at least one new mine after reaching a milestone in the $9.6 billion takeover play.
The OZ Minerals acquisition will give BHP the scale considered vital to the future of its underperforming Olympic Dam copper operations in South Australia and could provide a much-needed boost for the Nickel West division in Western Australia.
Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
