Bhp And Lundin Boost Copper Exposure With 3 Billion Filo Acquisition

BHP and Lundin Mining to Acquire Filo Corp for C$45 Billion

Joint Venture to Acquire 100% Stake in Copper Developer

Concise News Lead

Global miner BHP Group and Canadian-listed Lundin Mining Corporation have announced a joint venture to acquire Filo Corp, a Toronto Stock Exchange-listed copper developer, for C$45 billion. The acquisition, which is subject to regulatory approval and other closing conditions, will see BHP and Lundin jointly own 100% of Filo Corp.