Anglo American will sell or shut everything except its copper, iron ore and potash mines as part of a strategy to dodge BHP’s advances.
Treasury assumes that iron ore and coal prices will fall from their present elevated level back to their long-run levels by the end of the March quarter in 2025.
Anglo American has pulled out a takeover defence with the works. Now, it has to convince shareholders not to side with BHP.
Barrenjoey energy and utilities analyst Dale Koenders has voiced support for continued growth via M&A in a note seen by Street Talk.
A press release published after Optus’s 2022 cyberattack had legal purposes, even though they were never mentioned, Optus has argued in a court appeal.