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Lundin Mining has approached BHP about making a joint bid for copper miner Filo Corp, according to sources familiar with the matter. The move is seen as a strategy to address fundraising needs for a neighboring project Lundin wants to develop. The potential collaboration between Lundin and BHP, two major players in the mining industry, underscores the increasing activity in the copper market. This joint bid could significantly impact the mining sector, particularly in the context of rising copper demand. The news was reported on July 12 by Reuters.
Lundin Mining, BHP weighing joint bid for copper miner Filo Corp, sources say https://t.co/Fbw22gfqVN
The copper market in the mining industry is heating up. - BHP and Lundin Mining are set to make a joint bid for Filo Corp. - Rio Tinto is considering a potential bid for Teck. Copper is the glue of the entire economy. I am very focused on copper before the cycle takes off.
🔵 BHP, LUNDIN TO MAKE JOINT BID FOR FILO CORP, SOURCES SAY Mining giant BHP and Canada's Lundin Mining Corp are set to make a joint bid for Filo Corp, two sources told Reuters on Friday. Full Story via Reuters on PiQ Suite https://t.co/dA8bk06YVv
