Why so aggressive when they have some of the best copper assets in the world? Starting to think they are putting too many eggs in one basket?
But it is justified the money flow is out of Australia because of Labor government policies and companies are making statement reallocating funds in friendlier jurisdictions. Maybe BHP will see Australia a friendlier place to do business in a few years so keeping Aussie copper development in the back pocket.
Ann: Acquisition of Filo and joint venture with Lundin Mining, page-6
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