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Mining firm BHP says it has ‘moved on’ from failed Anglo American bid

  • BHP, a global mining company, has stated that it has 'moved on' from its failed attempts to acquire Anglo American.
  • BHP's chair, Ken MacKenzie, indicated that the Australian miner will focus on other growth opportunities instead of pursuing another bid for Anglo American.
  • The third offer of £39bn made by BHP was rejected by Anglo board members due to concerns over the proposed sale of some of Anglo's South African business interests.
  • BHP has recently engaged in a joint venture with Lundin Mining to acquire Filo Corp, demonstrating its pursuit of new opportunities.

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