1025 GMT - BHP will be frustrated that it had to walk away from its second attempt to buy Anglo American, AJ Bell's Russ Mould writes. This is because buying Anglo would have strengthened its copper portfolio, he says. It would also have prevented Anglo's planned merger with Teck Resources, which will create a larger competitor, he writes. BHP has a lot to be focusing on but in an industry built on mergers and acquisitions, no-one wants to be the loser, Mould writes. BHP's London-listed shares trade down 0.1% at 2,013 pence.(adam.whittaker@wsj.com)

(END) Dow Jones Newswires

November 24, 2025 05:25 ET (10:25 GMT)

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