BHP will now control the Prominent Hill mine (above), which produces one of the highest grades of
copper concentrate.
(Photo: OZ Minerals)
BHP recently announced the completion
of its $6.4 billion acquisition of OZ
Minerals. “This acquisition strengthens
BHP’s portfolio in copper and nickel
and is in line with our strategy to meet
increasing demand for the critical minerals
needed for electric vehicles, wind
turbines and solar panels to support the
energy transition,” BHP CEO Mike Henry
said. “Combining our two organizations
will provide options for growth, bring new
talent and innovation to unlock these resources
in a sustainable way, and deliver
value to shareholders and communities.”
In bringing together the BHP and OZ
Minerals businesses, Henry said, BHP will
focus on safe and reliable operation of the
Olympic Dam, Prominent Hill and Carrapateena
assets, building a shared culture of
innovation and performance, and progressing
sustainable growth options to establish
a copper province in South Australia.
As featured in Womp 2023 Vol 05 - www.womp-int.com