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Woodside Sees Shares Slide on News It Is Eyeing aogdigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aogdigital.com Daily Mail and Mail on Sunday newspapers.
Woodside shares fall on speculation it is eyeing BHP petroleum assets reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
BHP says acquisitions unlikely near-term given high commodity prices BHP Group is unlikely to make any major acquisitions in the near-term given rocketing commodity prices, and will instead focus on exploration and wringing more value out of existing assets, its chief executive said. The world’s biggest listed miner is looking to grow its exposure to “future facing commodities” or those expected to be cornerstones of the world’s transition towards cleaner energy. That includes copper, whose conductive properties efficiently transport power, and nickel used in batteries for electric vehicles – for which BHP expects prices to go higher still. “Given what we have seen over the past 6-9 months in terms of asset values in commodities like copper for example, it’s unlikely that we will see acquisition in the near term because any acquisition has to be for the right assets at the right value,” Chief Executive Mike Henry told an investor briefing. ....
BHP Group is unlikely to make any major acquisitions in the near-term given rocketing commodity prices, and will instead focus on exploration and wringing more value out of existing assets, its. | March 11, 2021 ....
By Reuters Staff 3 Min Read MELBOURNE (Reuters) - BHP Group is unlikely to make any major acquisitions in the near-term given rocketing commodity prices, and will instead focus on exploration and wringing more value out of existing assets, its chief executive said on Thursday. A tonne of nickel powder made by BHP Group sits in a warehouse at its Nickel West division, south of Perth, Australia August 2, 2019. REUTERS/Melanie Burton The world’s biggest listed miner is looking to grow its exposure to “future facing commodities” or those expected to be cornerstones of the world’s transition towards cleaner energy. ....