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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

Mining industry braces for multi-billion pound Anglo American bidding war

Anglo Glencore Anglo American BHP Mining Rio Tinto
Wide shot of the mine seen from a distance. Trucks are driving around it.
A Glencore-owned open-pit copper mine in Kolwezi in the Democratic Republic of the Congo. Photograph: Per-Anders Pettersson/Getty Images

The global mining industry is braced for a multi-billion pound bidding war for Anglo American amid growing speculation that mining companies are preparing rival bids.

The Australian miner BHP is understood to have sent senior executives to Anglo’s base in South Africa to meet key company stakeholders after an initial offer of £31bn was rebuffed by Anglo’s board last week.

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