Thursday, August 20

Companies

In brief

In brief

Aerial view of the Escondida copper mine in Chile's Atacama Desert
Companies 40 d

BHP Explores a Sale of Its Chilean Desalination and Power Assets

  • BHP, the world's largest miner, is weighing a sale of the desalination plant and power lines that supply its giant Escondida copper mine in Chile, in a deal Bloomberg reports could be worth up to about 2 billion dollars.
  • It would be the latest example of a miner cashing in infrastructure it built while keeping the water and power flowing, freeing up money for copper.

In brief

In brief

In brief

Companies news — earnings, deals and corporate strategy

The Companies section covers the businesses behind the market: earnings and results, mergers and acquisitions, leadership, strategy, IPOs and the big platform giants. We follow how companies make and lose money, and explain what their decisions mean for investors, workers and customers.

From quarterly results and dealmaking to boardroom shake-ups and regulatory pressure, we report the story clearly and put it in context — separating the signal from the spin.

More to read from the other sections: markets, tech and the economy.