September 2025 top M&A deals in Brazil market
Insights
Global mining company BHP agreed to sell its Carajás copper assets in northern Brazil to Dutch conglomerate CoreX Holding for up to USD 465mn. Of this total, USD 225mn is contingent upon production and project milestones, potentially payable starting in 2027. The Carajás mines produced 9,400 metric tons of copper in the year ending June 2025. The deal enables BHP to streamline its portfolio, while CoreX — an integrated industrial group operating in 55 countries — expands its presence in the metals and mining sector.
