Previous Close | 42.10 |
Open | 42.10 |
Bid | 41.20 |
Ask | 46.00 |
Strike | 100.00 |
Expire Date | 2025-01-17 |
Day's Range | 42.10 - 42.10 |
Contract Range | N/A |
Volume | |
Open Interest | 2 |
(Bloomberg) -- Copper’s surge to $10,000 a ton just days after the bombshell news that BHP Group is trying to buy Anglo American Plc is highlighting a core disconnect at the heart of the industry: miners just aren’t building enough mines.Most Read from BloombergMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoBHP’s $39 Billion Copper Play Was Years in the MakingFed Repricing Gives Rise to New Equities Playbook in
BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters. BHP is in discussions on a revised bid for Anglo American to be made in coming weeks, the source said. BHP said it does not comment on what it called "rumour and speculation", while Anglo American did not immediately respond to a Reuters request for comment.
BHP is in discussions on a revised bid for Anglo American to be made in coming weeks, the source said. BHP said it does not comment on what it called "rumour and speculation", while Anglo American did not immediately respond to a Reuters request for comment. Anglo American rejected BHP's $39 billion takeover offer on Friday, saying it significantly undervalued the miner and its future prospects.