Almost 50 Australian companies were in Rotterdam for the World Hydrogen Summit. When news of the budget bonanza came through, the reaction was ecstatic.
The London-listed miner will sell or shut assets except those producing copper, iron ore and crop nutrients as it hopes to see off its Australian suitor.
Street Talk understands the Flare HR-controlled fund, which put its exit plans into gear in 2022, has turned the process over to the trustee.
Critical minerals sector welcomes $17.6 billion in tax credit support, but it may be too little, too late to save BHP’s nickel business and 3000 jobs.
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.