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International Business Times
International Business Times
Business
Andrew BEATTY

UNBELIEVABLE: Clean energy drives massive bhp takeover bid - The Untold Story

Copper prices have soared about 400 percent in the past 25 years and on Friday topped US$10,000 for the first time in two years (Credit: AFP)

BHP's multi-billion-dollar bid to buy rival Anglo American promises to be the largest mining merger deal in decades, and one driven by the race for cleaner energy and green metals.

Analysts say the rationale behind BHP's near US$40 billion bid can be summed up in one word: copper.

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