BHP, Lundin Mining to buy Filo for $4.5 billion, form joint venture for projects

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BHP, Lundin Mining to buy Filo for $4.5 billion, form joint venture for projects
Lundin MiningFiloThe Canadian Press
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VANCOUVER — BHP and Lundin Mining Corp. have signed a $4.5 billion deal to acquire all of the shares they don't already own in exploration company Filo Corp.

VANCOUVER — BHP and Lundin Mining Corp. have signed a $4.5 billion deal to acquire all of the shares they don't already own in exploration company Filo Corp.

The transaction is expected to close in the first quarter of 2025 but needs shareholder approval and is subject to other customary conditions.Concurrent to the deal, BHP and Lundin will form a Canadian joint venture compromised of the Filo del Sol and the Josemaria projects around Argentina and Chile.Dow Jones Futures: Fed Meeting, Magnificent Seven Apple, Amazon, Meta, Microsoft Earnings Loom

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