ASX Announcements
Market Sensitive
Response to announcement by Anglo American plc
Scheme of Arrangement, Indicative Non-Binding Proposal, Company Administration - Other
- Apr 26, 2024
- 6 pages
Update - Dividend/Distribution - BHP
Dividend Record Date, Dividend Pay Date, Dividend Rate, Dividend Reinvestment Plan
- Apr 15, 2024
- 6 pages
Today
Iron ore’s big China property problem isn’t going away
Pockets of strength in the Chinese steel market have boosted the raw material after a plunge below $US100 a tonne early last month but investors are cautious.
- 1 hr ago
- Annie Lee and Jessica Zhou
Rio investors’ fear; Tesla slashes Oz jobs; Perpetual’s bigger story
Read everything that’s happened in the news so far today.
BHP’s Anglo American bid clouds Rinehart-backed potash project
The miner had been in talks about selling a big stake in the fertiliser development amid a plunge in prices linked to higher exports from Russia and Belarus.
- Brad Thompson
Investors urge caution as Rio Tinto eyes BHP’s $40b Anglo bid
Rio Tinto should not challenge BHP for control of Anglo American, and should instead target smaller lithium and copper producers, a major investor says.
- Peter Ker
Mining titan Evy Hambro says it’s better to buy, rather than build
One of the world’s most influential mining investors, BlackRock’s Evy Hambro, has signalled he is open to M&A as BHP hunts Anglo American.
- Peter Ker
Yesterday
- Opinion
- Gas
Why Albanese is going all in on gas
The Labor government has infuriated climate activists by insisting that gas will play a crucial role in the energy transition for many decades to come. Big producers like Woodside will wait to see what that means.
- Jennifer Hewett
BHP’s Anglo bid will turn into a ‘complete mess’: Angus Aitken
The prominent stockbroker has told his clients the strategy to buy the whole company to just get its copper and coal mines “seems crazy to us”.
- Peter Ker
This Month
- Opinion
- Critical minerals
Albanese’s troubled critical minerals dream
The Albanese government has high hopes for much more downstream processing of critical minerals. But the numbers aren’t adding up. What can change that?
- Jennifer Hewett
- Analysis
- Mergers & acquisitions
BHP’s siren song to Anglo shareholders is operational excellence
A claim to be the mining sector’s “best operator” is a big part of BHP’s pitch to Anglo American shareholders, as it promises to get more blood out of the same stones.
- Peter Ker
BHP gets green light for improved Anglo bid
Two prominent Australian investors say they support BHP making an improved bid for Anglo American so long as discipline is not completely abandoned.
- Peter Ker
BHP has industry super’s blessing for Anglo American copper prize
HESTA chief executive Debby Blakey has thrown her weight behind BHP’s plan to become the undisputed global king of copper through the South African deal.
- Peter Ker and Elouise Fowler
This BHP old boy thinks copper and rare earths prices will spike
Arafura Rare Earths boss Darryl Cuzzubbo says higher prices are inevitable for two commodities vital to the energy transition.
- Brad Thompson
Think you know this week’s news? Answer these 10 questions
Have you been paying attention this week? Test your knowledge across politics, business and world news.
- Ingrid Fuary-Wagner and Daniel Arbon
- Opinion
- Mining
BHP is betting self-interest trumps politics on Anglo American
Convincing South Africa’s government its $60 billion takeover bid for the mining multinational is politically palatable is part of BHP’s challenge in a particularly complex deal.
- Jennifer Hewett
BHP hits the hustings to fight ‘value dilutive’ deal claims
BHP executives and bankers will campaign in South Africa and Australia this week to win support for an Anglo American takeover that was panned by one analyst.
- Peter Ker
Rio Tinto chairman quiet on Anglo bid, eyes copper profits
Dominic Barton would not comment on whether the company was considering making a rival bid for Anglo American.
- Tess Bennett
ASX drops 1pc; $200m home goes on sale; What Star CEO sacking reveals
Read everything that’s happened in the news so far today.
- Analysis
- Mergers & acquisitions
How BHP’s ‘Meticulous Mike’ prepared for Anglo American rebuff
Dubbed “Meticulous Mike” by the Australian media, the Canadian executive must have carefully planned his move for Anglo, down to the inevitable initial rejection.
- Tom Wilson and Nic Fildes
BHP Anglo deal could create headache for ASX investors
The mining giant is already one of the largest companies on the ASX 200. A successful buyout bid of Anglo American could add to the heavy concentration of resource stocks on the index.
- Joanne Tran
‘The future is the future’: Anglo American won’t rule out a merger
Chairman Stuart Chambers told the miner’s AGM that his job in coming weeks was to see if major shareholders backed the board’s rejection of BHP’s $60 billion bid.
- Hans van Leeuwen
