# BHP to acquire Oz Minerals for A$9.6 billion

BHP Group is set to acquire Oz Minerals for approximately A$9.6 billion (US$6.7 billion), with the merger expected to complete in spring 2023. The deal will expand BHP's copper and nickel mining portfolio.

- Type: Acquisition
- Announced: 2022-12-22
- Where: Australia
- Value: $6.70B (9.60B AUD)
- Status: announced
- Products: copper, nickel
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [BHP](https://endata.com/companies/8229.md) (acquirer)
- [Oz Minerals](https://endata.com/companies/28709.md) (target)

## Sources

- [mining-technology.com](https://www.mining-technology.com/mas/bhp-oz-minerals-merger/), 2023-02-23: "The combination of BHP and Oz assets, skills and technical expertise provides a unique opportunity not available under separate ownership."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.