BHP to Sell Brazilian Copper and Gold Assets
Company Undertaking Strategic Review
BHP Group, the world's largest miner, is planning to sell Brazilian copper and gold assets it acquired with the takeover of Oz Minerals Ltd. The company is undertaking a strategic review of the Brazilian assets, which it acquired as part of the $10.4 billion takeover of Oz Minerals in August 2022.
Assessment Process
The strategic review will assess the potential sale of the assets, as well as other options for their future. BHP is expected to engage with potential buyers in the coming months. The company did not provide a timeline for the review or any details on the potential value of the assets.
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