01:57 PM EDT, 08/07/2024 (MT Newswires) -- (Updated with Banco Santander's response to a request for comment.)

BHP Group ( BHP ) is looking to sell the Brazilian copper and gold assets it acquired through its acquisition of Oz Minerals, Bloomberg reported Wednesday, citing people familiar with the matter.

The mining company has enlisted Banco Santander (SAN) to advise in talks over a potential sale after it completed a strategic review of the assets, the report said.

Santander declined to comment, while BHP did not immediately reply to an MT Newswires request for 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.)

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