---
title: "Will BHP Launch a Fresh Bid for Anglo American in 2025"
publisher: "Stockmark.IT"
author: "Stockmark.IT Website"
published: "2025-01-13T05:09:50+00:00"
modified: "2025-01-12T19:14:57+00:00"
date: 2025-01-13
canonical: "https://stockmark.it/will-bhp-launch-a-fresh-bid-for-anglo-american-in-2025/"
category: "Mining"
categories: ["Mining"]
image: "https://i0.wp.com/stockmark.it/wp-content/uploads/2022/12/mining-sm-2.jpg?fit=480%2C270&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Will BHP Launch a Fresh Bid for Anglo American in 2025

**Published:** January 13, 2025
**Author:** Stockmark.IT Website
**Categories:** Mining
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City speculation is intensifying regarding a potential renewed takeover attempt of Anglo American by mining giant BHP. The previous £39 billion bid, which faltered in 2024, could see fresh momentum as Anglo American has begun implementing the very changes its suitor originally demanded.

The core attraction remains Anglo’s copper assets, which are increasingly vital for global decarbonisation efforts. Copper’s essential role in electric vehicles and power grids positions it as a strategic metal for the future, making Anglo’s portfolio particularly appealing to BHP.

Anglo American’s recent strategic moves have notably aligned with BHP’s original vision. The company has successfully raised £4 billion through coal mine divestments, initiated the separation of its platinum division, and is exploring options for De Beers amidst challenging diamond market conditions.

Market observers note that Anglo’s shares have maintained their post-bid gains, whilst BHP’s stock has declined 16 per cent, primarily due to iron ore market weakness. Elliott Investment Management’s £1 billion stake, secured before BHP’s interest became public, suggests sophisticated investors recognise Anglo’s underlying value.

BHP’s copper supply challenges add urgency to potential acquisition plans. The company faces production gaps as existing mines mature, making Anglo’s assets increasingly attractive. Recent investor meetings in South Africa, where BHP CEO Mike Henry engaged with stakeholders, may indicate efforts to smooth potential transaction paths.

Despite BHP’s public statements suggesting they have “moved on” from Anglo, industry experts remain convinced that consolidation in the copper sector is inevitable. With Anglo’s restructuring advancing and copper’s strategic importance growing, the possibility of a renewed bid appears increasingly likely in 2025.

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