A rebound in mining mergers and acquisitions is set to continue into 2019, as a dearth of exploration spending leaves the industry in need of fresh investment.
With its biggest stock overhang and a deal around its flagship asset in Indonesia close to being solved, the miner has said all options are open, even potentially a sale of the entire company.
BHP Billiton Ltd. is boosting sales of the top-quality nickel that’s needed for electric vehicle batteries, another sign that the world’s biggest miner is targeting more opportunities in the booming sector.