BHP moves to buy Anglo American mining group

Raft of takeovers could follow as deal looks to create world’s biggest copper miner churning out 10% of global output

London-listed miner Anglo American has received an all-share buyout offer from BHP Group, a deal that would create the world’s biggest copper miner churning out about 10% of global output.

The deal, if agreed, could also trigger further transactions in the global mining industry, which has experienced a slew of mergers and acquisitions as firms review their assets to raise exposure to metals deemed critical to the energy transition.