SYDNEY -- BHP will sell its U.S. shale oil and gas interests to BP for $10.5 billion as it concentrates on its core iron ore and copper portfolios, the Anglo-Australian mining giant said Friday.
Business deals
BHP unloads US shale assets in return to minerals
With sale to BP, mining giant to focus on copper and iron ore
The massive Escondida mine in Chile is a major part of BHP's copper holdings.
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