BHP (BHP) CEO Mike Henry will focus on copper projects and opportunities in Canada, moving on from the company's abandoned effort to acquire Anglo American, Bloomberg reported Friday, citing an interview on BNN Bloomberg.
In November, BHP Group said it is no longer contemplating a combination with Anglo American following preliminary talks.
Henry said that BHP can invest in its own projects while simultaneously pursuing acquisitions of copper assets, the report said.
BHP did not immediately respond to an MT Newswires request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 59.39, Change: +0.12, Percent Change: +0.20