Anglo American Rejects BHP's Improved Bid, Rio Tinto Remains Contender For Prized Copper Assets
Anglo American Rejects BHP's Improved Bid, Rio Tinto Remains Contender For Prized Copper Assets
Anglo American (OTCQX:AAUKF) rebuffed BHP's (NYSE:BHP) advances again.
英美资源集团（OTCQX: AAUKF）再次拒绝了必和必拓（纽约证券交易所代码：BHP）的进展。
What Happened: The London-based mining company rejected the Australian mining giant's revised $42.7 billion takeover bid. This offer was the second in three weeks, aimed at Anglo's prized copper assets and significantly bolstering BHP's presence in key regions like Chile and Peru.
发生了什么：这家总部位于伦敦的矿业公司拒绝了这家澳大利亚矿业巨头修订后的427亿美元收购要约。该报价是三周以来的第二次提议，目标是盎格鲁珍贵的铜资产，极大地增强了必和必拓在智利和秘鲁等关键地区的影响力。
"The latest proposal continues to contemplate a structure which the board believes is highly unattractive for Anglo American's shareholders, given the uncertainty and complexity inherent, and significant execution risks," the company said in a statement.
该公司在一份声明中表示：“鉴于固有的不确定性和复杂性以及巨大的执行风险，最新的提案继续考虑一种结构，董事会认为这种结构对英美资源集团的股东非常没有吸引力。”
The revised offer, received on May 7, was 10% higher than BHP's first bid, representing a 15% increase in the merger exchange ratio. However, Anglo American remained steadfast in its decision. The bid was contingent upon Anglo divesting its iron ore and platinum assets in South Africa, an unappealing condition for the UK-listed miner.
5月7日收到的修订报价比必和必拓的首次出价高出10％，这意味着合并交易比率提高了15％。但是，英美资源集团的决定仍然坚定不移。该出价以盎格鲁剥离其在南非的铁矿石和铂金资产为前提，这对于这家在英国上市的矿商来说并不具吸引力。
Why It Matters: Copper is the driving force behind this high-stakes game. A vital component in electric vehicles, wind turbines, and solar panels, copper demand is projected to surge in the coming years as the world embraces renewable energy technologies.
为何重要：铜是这个高风险游戏背后的推动力。铜是电动汽车、风力涡轮机和太阳能电池板的重要组成部分，随着世界采用可再生能源技术，预计未来几年铜需求将激增。
BHP's pursuit of Anglo American is a strategic move to secure dominance in the copper market. By gaining stakes in some of Chile and Peru's largest copper mines, including Collahuasi, Los Bronces, El Soldado, and Quellaveco, BHP would control approximately 10% of global copper production – a significant competitive advantage in the evolving energy landscape.
必和必拓对英美资源集团的追求是确保铜市场主导地位的战略举措。通过收购智利和秘鲁一些最大的铜矿（包括科拉瓦西、洛斯布朗塞斯、埃尔索尔达多和奎拉维科）的股份，必和必拓将控制全球约10％的铜产量——这是不断变化的能源格局中的重要竞争优势。
While BHP expressed disappointment at the rejection, Anglo's board remains resolute in its decision to protect shareholder interests. The company's poor financial condition and high-quality assets have attracted interest from various global miners, with Rio Tinto (NYSE:RIO) reportedly considering a bid.
尽管必和必拓对拒绝表示失望，但盎格鲁董事会仍然坚定地决定保护股东利益。该公司糟糕的财务状况和高质量的资产吸引了全球各种矿商的兴趣，据报道，力拓（纽约证券交易所代码：RIO）正在考虑出价。
Unlike BHP, Rio Tinto already has established operations in South Africa, potentially streamlining the integration of Anglo American's South African assets. Additionally, Rio Tinto's existing presence in the diamond market could be beneficial when managing Anglo American's De Beers diamond unit. However, a potential hurdle for Rio Tinto is Anglo American's steelmaking coal assets. Having exited the coal business in 2018, Rio Tinto might be hesitant to take on these assets, creating a complication in any potential deal.
与必和必拓不同，力拓已经在南非建立了业务，这有可能简化英美资源集团南非资产的整合。此外，力拓在钻石市场的现有影响力可能对管理英美资源集团的戴比尔斯钻石部门有所助益。但是，力拓的潜在障碍是英美资源集团的炼钢煤炭资产。力拓在2018年退出煤炭业务后，可能对收购这些资产犹豫不决，这会使任何潜在的交易变得复杂。
Now Read: Australia Injects $374M Into Critical Minerals Exploration: 'We've Got Some Huge Advantages'
立即阅读：澳大利亚向关键矿产勘探注资3.74亿美元：“我们有一些巨大的优势”
Benzinga Mining is the bridge between mining companies and retail investors. Reach out to licensing@benzinga.com to get started!
本辛加矿业是矿业公司和散户投资者之间的桥梁。向我们伸出援手 licensing@benzinga.com 开始吧！
Image: Midjourney
图片：Midjourney