04:47 PM EDT, 07/12/2024 (MT Newswires) -- BHP Group ( BHP ) has been asked by Lundin Mining ( LUNMF ) for a potential joint bid to acquire the majority stake in Filo that the mining companies don't already own, people familiar with matter told Bloomberg News.

BHP and Lundin own a combined 38% of Filo, according to data compiled by Bloomberg that also said a deal would help Lundin combine its Josemaria project with Filo del Sol copper project in Argentina near the border with Chile, while bolstering BHP's copper operations.

BHP and Lundin did not immediately respond to messages from MT Newswires seeking comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 59.58, Change: +0.31, Percent Change: +0.52