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South32 too risky for predators, says outgoing CEO
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South32 too risky for predators, says outgoing CEO
AN estimated $34bn in deals has gripped the mining sector since 2024, according to Canadian law firm Dentons. Efforts to consolidate ownership and strip back complicated structures have drawn in some of the biggest names. In January, Rio Tinto bid (unsuccessfully) for Glencore. Two months earlier, BHP contemplated a second bid for Anglo American. It stepped back. One company that has remained outside the melee is South32, a Perth-headquartered m…
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