Anglo American received an unsolicited all-share merger proposal on Wednesday. Anglo American acquisition would give BHP copper upside. Anglo American is expected to produce 730–790 kt of copper in 2024 mostly due to operations in Chile and Peru. If the deal was to go through, BHP is asking that Anglo split off its platinum and iron ore businesses.
Any U.S. response to a sudden geopolitical flare-up will be"extremely inflationary," posing a massive problem for the Federal Reserve and U.S. Treasury, which are already facing 'monumentally irresponsible' record deficits, says James Lavish, Managing Partner at Bitcoin Opportunity Fund.
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