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flag Faraday Copper to buy BHP’s Arizona copper mine, creating a major U.S. copper district.

flag Faraday Copper has agreed in principle to acquire BHP’s San Manuel copper property in Arizona, aiming to create a large, integrated copper district. flag Under the non-binding deal, Faraday would issue shares to BHP representing a 30% stake, with BHP gaining strategic investor status. flag The transaction, expected by late 2026, includes the legacy mine site, deposits, infrastructure, quarries, and associated liabilities. flag The combined assets could enable staged development, prioritize copper cathode production, and improve efficiency and environmental outcomes. flag The move supports U.S. critical mineral supply and local economic growth in Pinal County. flag Final terms depend on regulatory approvals and a definitive agreement.

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