Organizations representing firms including Glencore and a unit of Anglo American are negotiating the terms of the pacts with Transnet.
According to the FT sources, the deal has become "too expensive" for BHP to pursue given the rise in Anglo American’s stock price in recent months.
As most Canadian industry leaders have pointed out, the US depends on Canada for a host of minerals and supplies.
Aquitaine Metals head Chris Taylor believes his newest project could surpass one of the biggest recent discoveries of his storied career for scale and richness.
