BHP Group proposal for a $US39 billion ($60 billion) takeover of rival Anglo American is all about securing plenty of copper supplies — so now, the potential deal is throwing uncertainty over the future for Anglo’s massive fertiliser mine in England.
That’s largely because BHP is already building its own giant fertiliser project in Canada, called Jansen, to which it’s already committed more than $US10 billion. With an accelerated expansion planned for Jansen, BHP is unlikely to be interested in also going big on Anglo’s Woodsmith site.
