OZ Minerals
Alcoa promotes new Australian boss to run global operations
The boss of Alcoa Australia has been promoted to lead the US miner’s global operation from his Perth base after just seven months with the aluminium specialist.
- by Peter Milne
Latest
BHP clinches shareholder support for $9.6 billion Oz Minerals takeover
Australia’s largest miner is a step closer to sealing its biggest acquisition in years after Oz Minerals shareholders endorsed the offer.
- by Nick Toscano
Updated
Wall Street
ASX bounces up as miners advance; Newcrest jumps after sweetened bid
The Australian sharemarket climbed on Tuesday as the country’s iron ore giants lifted the local bourse.
- by Millie Muroi
BHP snags OZ Minerals to close in on its biggest buy in over a decade
Mining giant BHP has agreed to press ahead with its biggest acquisition in a decade to boost its exposure to metals needed in the clean-energy transition.
- by Nick Toscano
BHP, Oz Minerals extend deadline for $9.6b takeover
Mining giant BHP has been given another week to finalise the terms of its blockbuster takeover of Australian copper and nickel producer Oz Minerals.
- by Nick Toscano
Updated
Mergers & acquisitions
BHP reaches $9.6b deal to buy Oz Minerals
BHP’s sweetened offer lands Oz Minerals as it accelerates its push to gain greater supplies of “green” metals needed to power the clean energy era.
- by Nick Toscano
‘Chasing copper’: Oz Minerals back on takeover radar
The Australian copper miner is weighing a potential new takeover deal after rebuffing an earlier $8.4 billion offer from mining giant BHP.
- by Nick Toscano
Opinion
Copper
The world has a big problem in the drive to net zero
Timing is everything in the volatile world of resources. And as it stands, there’s probably not going to be enough copper produced over the next few decades to enable net-zero carbon emissions by 2050.
- by Stephen Bartholomeusz
BHP target Oz Minerals hits go on $1.7b copper, nickel mine
BHP target Oz Minerals has hit go on its West Musgrave mine to produce copper and nickel mine, two commodities much sought after by the big Australian.
- by Peter Milne
Opinion
Mining
Bigger not always better: BHP’s capital allocation questioned
The “Big Australian” has pursued a strategy of only holding mining assets that offer significant scale, are long-life and low-cost. But has it paid off?
- by Anne Hyland
Opinion
Copper
How Mike Henry’s quest for more green metals lead BHP to the land of Oz
BHP’s $8bn offer for ASX-listed copper and nickel producer Oz Minerals feels like an opening gambit, but a deal is far from guaranteed.
- by Elizabeth Knight
Original URL: https://www.smh.com.au/topic/ozl-15t