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AAP
AAP
Adrian Black

INSANE: Bhp ends copper group chase backs own growth strategy - The Real Truth

BHP Anglo American copper
Led by Mike Henry, BHP has ruled out a new bid for copper producer Anglo American. (Joanna Kordina/AAP PHOTOS)

Australian mining giant BHP has walked away from plans to merge with London-headquartered copper producer Anglo American, after a fresh takeover bid failed.

Over the weekend, reports emerged in that BHP, which has been looking at options to expand its already world-leading copper production, had rekindled talks with the target after a merger attempt last year.

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