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Oz Minerals is 'nice to have, not must have', says BHP CEO

BHP CEO Mike Henry

BHP CEO Mike Henry

16th August 2022

By: Reuters

  

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SYDNEY – BHP Group was disappointed that its "compelling" offer to buy out Oz Minerals was rejected, CEO Mike Henry said on Tuesday.

"It's pretty disappointing that the board (of Oz Minerals) chose not to engage," Henry told journalists at a media briefing after announcing his company's annual results. 

"But we have lots of levers for growth and M&A is just one of those levers... We will remain disciplined," he said.

Henry said Oz Minerals is "nice to have but not a must have".

Edited by Reuters

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