Why BHP is willing to pay 31% premium for rival Anglo American
FTSE 100 mining group Anglo American has huge iron ore, platinum, coal and, through its' controlling stake in dealer De Beers, diamonds, but make no mistake, BHP's interest in the business is a big bet on copper.
Copper is crucial to the world's renewables energy shift, acting as the blood and veins of a future electrically powered world, and demand is rising. London-based commodity research...