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  • Closeup picture of high-quality pure copper cables.

    BHP makes a bid to buy Anglo American

    Shane Lasley, Metal Tech News|Updated May 8, 2024

    Megamerger would reshape global energy metals sector. The proposed merger between BHP Group Ltd. and Anglo American plc would create a $200 billion mining behemoth that would control 10% of the global production of copper, a metal that has experienced a 23% price spike since early February on supply concerns. "As part of its strategy to expand its copper assets, BHP intends to acquire Anglo American realizing the significant growth potential for copper in the future, as...

  • Handshake with images of wind turbines and charging electric vehicle.

    NioCorp cuts critical metals finance deal

    Shane Lasley, Metal Tech News|Updated Apr 16, 2023

    Proposed merger with GXII would provide Nasdaq listing, access to cash for Elk Creek. To fund the development of a mine at its Elk Creek project in Nebraska that produces niobium, rare earths, and other metals critical to American industry, NioCorp Developments Ltd. is merging with GX Acquisition Corp. II, a blank check corporation with nearly US$300 million in the bank and a Nasdaq stock exchange listing that will make access to additional capital possible. In fact, NioCorp...