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Anglo reveals major asset breakup

Anglo reveals major asset breakup

After rejecting BHP’s second takeover bid on Monday, which was predicated on two major demergers, Anglo American has revealed the extent of its own breakup plan. A structural overhaul of its portfolio will see Anglo focus its attention on copper assets in...
CBMM sees opportunity in EV batteries

CBMM sees opportunity in EV batteries

Brazilian company focused on mining a metal used to strengthen alloys is betting that its mainstay product can also play a key role in improving electric vehicle batteries. Cia. Brasileira de Metalurgia e Mineração is the world’s top producer of niobium, a...
Anglo rejects BHP’s revised £34bn proposal

Anglo rejects BHP’s revised £34bn proposal

Diversified major Anglo American has rejected a revised proposal put forward by BHP, which valued the UK-headquartered miner at about £34-billion. The structure of the revised proposal, unveiled on Monday, remained unchanged from the previously rejected proposal of...
Cokal ramps up BBM project works

Cokal ramps up BBM project works

BBM Mining has mobilised three additional mining fleets at Cokal’s Bumi Barito Mineral (BBM) metallurgical coal project in Indonesia. Cokal said the equipment is already arriving at Karjan, Indonesia, with BBM Mining set to complete the commissioning and initial setup...
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