BHP Stuck on Sidelines of M&A Boom it Kicked Off

Good morning from Melbourne. BHP Group’s ambitious bid to buy rival Anglo American a couple of years back was meant to make it a clear winner in the copper boom. Alas, the tables have turned and as Glencore and Rio Tinto continue to talk mergers, the world’s biggest miner is left sitting on the sidelines of an M&A frenzy it began. Meanwhile, Meta reckons it’s closed more than half a million accounts to comply with the social media ban and the ASX is set to open in the green. - Paul-Alain Hunt, Metals and Mining Reporter.

Meta Platforms, which owns Facebook, Instagram and Threads, said it’s shut down almost 550,000 accounts in Australia to comply with the country’s landmark social media ban for children.