OZ Minerals

BHP has seized on the slump in commodity prices to launch an A84bn US58bn cash offer for Australian rival Oz Minerals as the worlds biggest miner seeks to boost its exposure to clean. Find the latest OZ Minerals Limited OZMLF stock quote history news and other vital information to help you with your stock trading and investing.

Mineral Valuation Specialists

That price equivalent to about 17 a.

. Australias OZ Minerals on Monday rejected a A834 billion 576 billion unsolicited takeover proposal from global miner BHP Group as undervaluing the nickel-copper miner. 14 hours agoBHPs announcement that it has made an offer for OZ Minerals and its copper-focused assets is the latest in a series of global acquisitions aimed at shoring up copper. 16 hours agoOZ Minerals deemed BHPs 25-per-share offer insufficient given its strong portfolio of minerals that will prove increasingly important into the future.

BHP has offered to buy all shares. We aspire to be a modern mining company and the best place to work. BHP as it claims the offer significantly undervalues the company.

1 day agoAustralias OZ Minerals on Monday rejected a A834 billion 576 billion unsolicited takeover proposal from global miner BHP Group as undervaluing the gold and copper miner. Now its about price. What that means is we focus on developing our ability to adapt to the ever-changing.

1 day agoShares of Oz Minerals have lost more than 40 of their value so far this year on the back of covid-related absenteeism and lockdowns in top buyer China which has hit copper. As the worlds top miner returns to major dealmaking in a hunt for copper and nickel assets vital to the shift to electric transport and clean energy. 1 day agoOZ Minerals managing director and CEO Andrew Cole commented.

A modern mining company. We have a unique set of copper and nickel assets all with strong long-term growth potential in quality locations. 9 hours agoCopper miner Oz Minerals will invest A25-million over the next 18 months to support in-situ recovery ISR technology research at the EnviroCopper ECL Kapunda.

8 hours agoThor said that OZ Minerals will provide 25 million Australian dollars 17 million to continue studies into the potential extraction of copper via the in-situ recovery mining technique. 6 hours agoOZ Minerals shares closed comfortably above BHPs 25 a share cash offer on Tuesday posting a 7c gain to finish the day at 2566 on strong volumes around 45 million. 1 day agoOZ Minerals ASX.

However they slid to a low of 1582 last month amid. 1 day agoOz Minerals 353 per cent was the best performer in the ASX 200 followed by lithium firm Lake Resources 156 per cent and biotech firm Imugene 96 per cent. Oz Minerals which operates two copper and gold mines in South Australia last month reported a drop in copper production and slashed its output target because of coronavirus-related labour.

1 day agoAdelaide-based Oz Minerals said Monday it had received a proposal on Friday from BHP to buy the company for 25 Australian dollars a share. BHPs OZ Minerals deal makes sense. OZL has turned down an 84 billion takeover bid by mining giant BHP ASX.

1 day agoBHP Group was rebuffed in its A834 billion 58 billion takeover bid for OZ Minerals on Monday in a setback as it pushes to secure copper and nickel assets for a shift. 1 day agoOZ Minerals OZL has rejected an 837 billion takeover offer from BHP claiming the offer significantly undervalues its copper and nickel assets. 1 day agoOZ Minerals Ltd.

Buying the South Australian-based miner is a logical move for the mining giant which wants more. 1 day agoIndeed OZ Minerals shares have traded as high as 2975 in January this year when the copper prices were running high.

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