Sarmad Samad (CPCM-BRASI) (PGD-IBA) (MBA-SZABIST)’s Post

In the high-stakes world of mining mergers and acquisitions, BHP Group Ltd's bold attempt to become the world's largest copper producer has led them to pursue Anglo American with an improved offer of $64 billion—yet, the bid faces rejection from Anglo's board. 🚫💼 Analysts and investors are buzzing about the implications of this move as BHP targets Anglo's precious copper assets. Despite soaring copper prices, Anglo American's board stands firm, believing the offer still undervalues the company. As Anglo plans to divest its platinum, diamond, and coal mines, BHP must now weigh its next steps carefully. The pursuit shines a spotlight on copper's increasing importance due to global electrification trends, revealing much about commodity value anticipation in the near future. ⚡📈 What does this mean for investors? Is the race for copper assets creating new opportunities in the market? Will BHP's copper quest redefine industry norms? Join the conversation and share your thoughts on these developments. Read the full analysis and stay updated on the unfolding saga. 👁️📊 For more details on BHP's attempt and the strategic importance of copper in today's economy, click here: https://lnkd.in/eqhrBciE #BHP #AngloAmerican #Mining #MergersAndAcquisitions #Copper #Commodities #Investing #GlobalEconomy #StrategicAssets #IndustryNews

Baker McKenzie acts for Rex Minerals in its AUD 393 million sale to MACH Metals Australia https://ift.tt/7wZdW34 Baker McKenzie has successfully assisted Rex Minerals enter into a Scheme Implementation Deed with MACH Metals Australia Pty Ltd under which it is proposed that MACH will acquire all of the shares in Rex which it does not already own by way of a scheme of arrangement for cash consideration of AUD 0.47 per Rex share. Rex has the Hillside copper-gold development project in South Australia and the Hog Ranch gold project in Nevada, US. Baker McKenzie's lead partners on the transaction, Richard Lustig and Rick Troiano stated: “It has been a fulfilling journey for us as legal advisers to have assisted with the IPO of Rex Minerals in 2007, helping it since then progress towards development of the Hillside Copper Gold Project and in various other respects, and to now see it being purchased in its entirety in a board recommended transaction.” The acquirer is fully owned by the Salim Group, Indonesia’s largest conglomerate. The Salim Group has a diverse portfolio of investments across manufacturing, food production and mining. Richard and Rick are being assisted by corporate associate Yini Chong and other Baker McKenzie team members. Macquarie Capital is acting as financial adviser to Rex. Further commentary: Commenting on today’s announcement, Rex’s Chief Executive Officer and Managing Director, Richard Laufmann, said:  “The Transaction provides certainty of value and a significant premium representing a 98% uplift relative to Rex’s 90-day VWAP, as well as the opportunity for Rex shareholders to realise their investment at a 10-year historical share price high." “This Transaction also represents a more certain outcome for wider stakeholders in Hillside, including the local community, the South Australian Government and Rex employees who will benefit from the significant financial strength and proven track record of MACH to deliver the successful development of Hillside."   business via Mergers and Acquisitions https://ift.tt/udvtxCz July 7, 2024 at 09:04PM

Whitehaven Coal has confirmed it is in the running to acquire BHP’s major Daunia and Blackwater coal mines in Queensland after a major investor alleged the company had selectively briefed some of its shareholders and suggested the market was “misinformed.” In a brief statement, Whitehaven said it was “participating in the sale process” for the two coking coal mines, and that it had suspended its share buyback as it considered acquisitions, which included those operations. Learn more via The Australian Financial Review > https://lnkd.in/gaarpDgw #Resources #Mining #Coal #Acquisition #BHP #DauniaMine #BlackwaterMine #WhitehavenCoal #Queensland #Australia

Exciting insights on BHP's potential takeover bid for Anglo American, with a focus on the significance of copper assets in driving this move. The analysis highlights the strategic importance of copper in the energy transition and the potential synergies in combining both companies' portfolios. #MergersAndAcquisitions #CommodityMarket

For many decades the Western world has encouraged China to become the world's manufacturing base, creating a gargantuan need for all manner of metals and minerals. Not surprising then to see MMG snap up the Khoemacau Copper Mine in Botswana recently. Will MMG and other Chinese giants of the natural resource industry stop there? I don't think so as demand created by the ambitions of global electrification, industrialisation and flourishing infrastructure projects is simply increasing, while tightening global supplies in many cases suffer yet more disruption. The hunger for Copper is a clear and topical example and there willbe plenty more M&A to come. #china #criticalmetals #mining #exploration #kalahari #botswana #copper #electrification #africa #renewables #infrastructure #khoemacau #demand #supply #mergers #acquisitions

💰💰The Rejected Proposal: BHP's Bid for Anglo American and the Potential Next Steps💰💰 The mining industry is abuzz with the news of BHP's proposed acquisition of Anglo American. While the initial offer was rejected by Anglo American, this development could be just the beginning of a potential acquisition saga that could reshape the global mining landscape. Rejected Proposal and Shareholder Interest: #BHP, the world's largest mining company, announced that it would make an offer of £31 billion to merge with its competitor. Anglo American's decision to turn down BHP's initial takeover proposal could be just the first phase of a long negotiation process. The rejection suggests that Anglo American believes it can create more value for shareholders, potentially through its strategic initiatives and operational performance. Anglo American shareholders might meet this week at the AGM in #London to examine their future options. BHP's Strategic Intent and Potential Revised Bid: A merger with Anglo American would significantly boost BHP's copper production, aligning with its electrification and decarbonization strategies. As the world transitions towards cleaner energy sources, there is a growing demand for minerals such as copper, which are essential for electric vehicles, renewable energy infrastructure, and grid modernization. Global Output and Market Influence: A merger between BHP and Anglo American would create a mining giant accounting for about 10% of global #copper output. This would give the combined entity significant market influence and the ability to capitalize on the growing demand for copper in electric vehicles, power grids, and construction. Looking ahead, the proposed merger between BHP and Anglo American could spark a wave of consolidation in the mining industry. UK Takeover Rules and Future Timeline: Under UK takeover rules, BHP has until May 22 to come back with a formal offer for Anglo American. The deadline provides a timeline for BHP to finalize its proposal and potentially make adjustments to address any concerns. It is expected that BHP will sweeten its offer in order to entice Anglo American's board and shareholders. Rationale and Strategic Fit: The potential acquisition aligns with BHP's long-term strategic goals of expanding its copper portfolio and enhancing its global presence. The merger would create synergies and efficiencies, allowing the combined entity to capitalize on growth opportunities in the evolving mining landscape. The price of copper has shot up in recent weeks, as investors increasingly bet that in the longer run, supply will struggle to keep up with demand. It also could be one of the drivers for BHP's Anglo bid. #takeover #mining

Successful Receipt of First Tranche Following the binding #MOU with Shandong Yulong announcement yesterday, we have successfully received and cleared the first tranche of AUD$2.55m. This progress underscores our commitment to advancing the conditions precedent and formal documentation. This transaction provides substantial near-term funding, ensuring the fastest pathway to production for our flagship Ancuabe #Graphite Project. We retain a 30% joint venture interest and gain a strategic partnership with Shandong Yulong, a Shanghai Stock Exchange listed entity. These funds will empower Triton Minerals to diversify our portfolio, explore value accretive acquisitions, and generate significant shareholder value. We look forward to working closely with Shandong Yulong to realize the full potential of our #Mozambique Graphite Assets. https://lnkd.in/gwEJuuMN #TritonMinerals #ASX #Investment #MiningIndustry #GraphiteMarket #CompanyUpdate #MiningInAfrica #China #Partnership #JointVenture

Anglo American (LON: AAL) has rejected a revised $43 billion takeover bid from BHP (ASX, LON, NYSE: BHP), describing the offer as "highly unattractive" for its shareholders. The proposal, which was 10% higher than the initial bid, sought to increase Anglo American shareholders' stake in the merged entity to 16.6%. The board cited concerns over the deal's complexity and significant execution risks. BHP aims to expand its copper mining footprint through this acquisition, targeting major assets in Chile and Peru. Anglo is expected to reveal its own strategic plans soon. Bold. Is copper hotter than we think, or is this hubris, which may bite them in the butt sooner or later? Want to Learn More? #TheNextBigRush

BHP Group Ltd. has proposed a takeover of Anglo American Plc, valuing the latter at £31.1 billion ($38.8 billion), aiming to create the largest global copper producer. Despite past complexities and setbacks, Anglo's attractive South American copper operations have drawn interest. If successful, this deal would mark the largest merger among mining giants in over a decade. However, antitrust issues and Anglo's intricate business structure pose challenges. Other contenders like Rio Tinto and Glencore may also enter the fray, given Anglo's strategic assets. The proposed deal involves Anglo spinning off its South African stakes before acquisition, reflecting a complex process. Both companies are diversifying beyond metals, investing in fertilizer businesses. #Growth #Acquistions #Mining #Opportunities #Business #Copper I Bloomberg News I Thomas Biesheuvel I Dinesh Nair I Crystal Tse

BHP’s £31.1 billion ($39 billion) bid for Anglo American is driven by a desire to strengthen its position in copper production amid increasing demand for battery metals. If successful, this merger would give BHP about 10% of global copper output and access to Anglo American’s major copper mines in Chile, such as Collahuasi and Los Bronces. In Chile, a key copper producer, this merger could lead to increased operational efficiency and resource management within these mining operations, impacting local employment and community dynamics. However, the consolidation of key copper assets in Peru under one entity may raise antitrust concerns and prompt government scrutiny to ensure fair competition. In South Africa, where Anglo American has deep roots and significant operations, the merger could face challenges. The country’s minerals resources minister has expressed reservations about BHP’s involvement due to past experiences and concerns about capital flight. Anglo American’s historical ties and ownership of prominent companies like De Beers and Kumba Iron Ore add complexity to the merger’s implications for the region. Ultimately, the impact of this potential merger on Chile and South Africa will depend on regulatory responses and local economic conditions.