Lure of Anglo’s copper mines could test BHP’s spending resolve
BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline.
The new owners of the large Russian potash producer Uralkali are poised to resume cooperation as a cartel again with its former partner Belaruskali in Belarus. The cartel before its breakup controlled about 40 per cent of global potash exports.
