en.Wedoany.com Reported - On June 18, BHP plans to sell its power transmission assets in Chile, valued at approximately $1.5 billion. This move aims to deepen the company's strategic focus on copper mining and other core commodity operations.

According to sources familiar with the matter, the transmission network spans about 1,000 kilometers and supplies power to BHP's three mines: Escondida, Spence, and Cerro Colorado. The transaction could be completed as early as this year, but key details such as the deal structure and buyer selection are still under review, and BHP has not yet commented on the matter.

This potential asset sale reflects BHP's ongoing strategic transformation. As global electrification and the energy transition accelerate, market demand for copper is expected to remain strong. In recent years, BHP has been continuously optimizing its asset portfolio, focusing on commodities such as copper and potash that benefit from long-term structural demand growth.

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