Mining

Critical minerals and green manufacturing were big winners in Tuesday’s budget, but policy experts warned rigorous selection frameworks were imperative to back the right companies.

With a multi-billion dollar US backer, corporate Australia has watched Pogust Goodhead's arrival with interest, if not fear. Its head of Australia Amie Crichton says it's "time to level a massively uneven playing field" between individuals and industry.

BHP CEO Mike Henry's push to diversify the mining giant via a $60 billion bid for Anglo American could be a career-defining moment — if he can avoid the fate of his predecessors.

Anglo American has rejected BHP's initial approach, but this saga is far from over. The target's board is not the only roadblock to a deal, with ESG concerns another key factor.

The big Australian is going after the London listed diversified miner Anglo American in what would be one of the biggest, if not the biggest, corporate deal in its 139 year history.