BHP Plans Sale of Chile Power Transmission Assets to Strengthen Copper Focus

Published: Jun 18, 2026 09:36

Save

BHP is reportedly advancing plans to sell approximately US$1.5 billion worth of power transmission assets in Chile, including around 1,000 km of transmission lines supplying electricity to its Escondida, Spence and Cerro Colorado copper operations. According to media reports, the transaction could be completed as early as this year, although the final structure and potential buyers are still under review. The move as part of BHP’s broader strategy to streamline its portfolio and focus on core commodities such as copper. The company has continued to expand its copper exposure through projects including the Vicuña copper district development in Argentina, driven by growing demand linked to electrification and the energy transition.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

57 mins ago

Copper price fluctuations constrain order releases.

During the week of Jun 12–18, the machine operating rate in the enamelled wire industry pulled back 1.2 percentage points WoW, and weekly order intake fell 1.25% WoW. Orders showed a divergent trend during the week. Early in the week, copper prices were low, downstream replenishment willingness was strong, and order-taking performed well. As the copper price center rose during the week, wait-and-see sentiment intensified, and orders declined noticeably at the weekend. Industry demand was notably constrained by copper price fluctuations.

57 mins ago

1 hour ago

The CPCA branch released weekly data

The CPCA branch released weekly data. From June 1 to 14, retail sales in the national new energy passenger vehicle market reached 341,000 units, down 8% YoY and up 5% MoM; year-to-date retail sales reached 4.039 million units, down 15% YoY. Over the same period, retail sales in the national passenger vehicle market reached 534,000 units, down 18% YoY and down 5% MoM; year-to-date retail sales reached 7.633 million units, down 19% YoY.

1 hour ago

Copper Price Fluctuations Constrain Order Release, Dragon Boat Festival Holiday Disrupts Next Week's Startup [SMM Enamelled Wire Market Weekly Review]

During the week of June 12-18, the operating rate of enamelled wire industry machines rebounded WoW...

1 hour ago