BHP’s Top Australian Investor Eyes Restraint in Battle for Anglo

-- Pension giant AustralianSuper, BHP Group Ltd’s largest Australian shareholder, said capital discipline was of “utmost importance” for the mining industry as investors weigh the heavyweight’s twice-rebuffed efforts to woo smaller rival Anglo American Plc .China to Start $138 Billion Bond Sale on Friday to Boost Economy

“If part of your strategy is copper then you follow and try and execute on that strategy,” Smith said in an interview in Melbourne. But capital discipline is “of utmost importance, and I think that’s at the forefront of people’s minds when it comes to any consolidation across the commodity landscape,” he said.

Jun Bei Liu at Tribeca Investment Partners in Sydney, also a BHP shareholder, said an increase of another 15% could make the difference and that she expected BHP to try to get there. Any short-term dip in the price as a consequence would be an opportunity to increase exposure. Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist

Anglo American Plc Luke Smith Capital Allocation Mining Industry Utmost Importance BHP Group

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