CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
BHP Billiton Ltd. says it will buy U.S.-based oil company Petrohawk Energy for $12.1 billion in cash, giving it greater access to U.S. shale gas assets.
The world’s largest miner said Friday it would pay $38.75 for each Petrohawk share in an all-cash tender offer. The total value of the deal is $15.1 billion, including Petrohawk’s debt.
