Analyst Corner

BHP Group attempted an all-share takeover of Anglo American, valuing the company at £31.1 billion. Despite offering a 14% premium, Anglo's board rejected the proposal, citing undervaluation and structural complexities. The deal faced regulatory hurdles and shareholder skepticism, ultimately leading BHP to withdraw. This analysis explores the strategic objectives behind BHP's bid, the financial and regulatory challenges, and the broader market implications of the failed acquisition within the global copper market and mining industry consolidation trends.

First Energy Metals continues to release drilling results from its Augustus Lithium Project in the Abitibi Lithium region of Quebec that validates historical lithium grades. Lithium for lithium batteries in Electric Vehicles and electrical grid storage applications is garnering the most attention in the media these days.

iFAST gets premium valuation in analyst report by Jefferies set Target Price of S$4.35 and “Buy” Rating