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OZ Minerals

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Matt Reed joined Alcoa Australia in June after BHP took over his former employer 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.

  • Peter Milne

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Oz Minerals has two copper and gold mines in South Australia – Carrapateena and Prominent Hill – located on either side of BHP’s vast Olympic Dam mining hub.

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.

  • Nick Toscano
Technology stocks were falling more than the rest of the market on 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.

  • Millie Muroi
BHP chief Mike Henry described the deal as highly compelling for Oz Minerals shareholders and would provide “certainty at a time of macroeconomic uncertainty and market volatility”.

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.

  • Nick Toscano
Oz Minerals’ open-pit copper mine at Prominent Hill.

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.

  • Nick Toscano
BHP is seeking to expand its exposure to raw materials including copper and nickel, that will be increasingly needed to fuel the green energy transition.

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.

  • Nick Toscano
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BHP’s Olympic Dam copper, gold, silver and uranium mine in South Australia.

‘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.

  • Nick Toscano
There is a great disconnect in the copper market.

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.

  • Stephen Bartholomeusz
Andrew Cole has led Oz Minerals for eight years after two decades with Rio Tinto.

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.

  • Peter Milne
A view of the OZ Minerals open pit copper mine at Prominent Hill.

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?

  • Anne Hyland

Original URL: https://www.watoday.com.au/topic/ozl-15t