South32, an Australian diversified mining company, is considering acquiring existing copper mines and expanding them to secure more copper resources.
This decision comes as the company exceeded its annual profit expectations and is returning cash to shareholders.
Since its spin-off from BHP, South32 has focused on reshaping its investment portfolio, with CEO Graham Kerr particularly keen on acquiring more copper, a metal crucial for energy transition.
Kerr mentioned the company’s interest in acquiring a larger stake in the Sierra Gorda mine, currently co-owned with Polish company KGHM, which produced 86,200 tons of copper last year.
[Source – 上海有色网] 澳洲South32考虑收购现有铜矿 以获得更多的铜 https://news.smm.cn/news/102929983
