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Left out of BHP’s $4.4b copper deal, NGEx courts Aussie fundies

NGEx Minerals, capitalised at $3.2 billion on the Toronto Stock Exchange, was left at the altar last year when BHP and the Lundin family tag-teamed to acquire the neighbouring South American player Filo Corporation for almost $4.4 billion. Now, CEO Wojtek Wodzicki is warming up his vocal cords to tell the tale to Australian fund managers.

The Escondida mine in Chile is one of the largest copper mines in the world. BHP

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/left-out-of-bhp-s-4-4b-copper-deal-ngex-courts-aussie-fundies-20250223-p5lef9