BHP’s OZ Minerals deal makes sense. Now it’s about price
Buying the South Australian-based miner is a logical move for the mining giant, which wants more exposure to copper and nickel. But the target is clearly going to put up a fight.
It’s the mining marriage that’s always made so much sense.
On one side of the aisle is BHP and chief executive Mike Henry, whose desire to increase the resource giant’s exposure to copper amid an accelerating energy transition is matched by his determination to turn Olympic Dam into the globally relevant mining province BHP believes it can and should be.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
