Mining Giants Weigh $39 Billion Megadeal That Could Reshape Global Industry

By Julie Steinberg , David Winning and Ben Otto Updated April 25, 2024 7:52 am ET Share Resize Listen (2 min) Anglo American's Sishen Iron Ore mine near Kathu, South Africa. Photo: emmanuel croset/Agence France-Presse/Getty Images LONDON—Mines producing some of the world's most coveted diamonds, copper and more are in play as Anglo American AAL 3.24 % increase; green up pointing triangle weighs a $39 billion takeover bid and other deal options that could reshape the global industry. Anglo American said late Wednesday that it had received a takeover bid from longtime rival BHP, a bid aimed at bolstering the Australian company's exposure to copper. A deal would be the biggest in the mining industry