OZ Minerals

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Mining company based in South Australia

title: "OZ Minerals" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["bhp", "mining-companies-of-australia", "copper-mining-companies-of-australia", "gold-mining-companies-of-australia", "mining-in-south-australia", "companies-formerly-listed-on-the-australian-securities-exchange", "australian-companies-established-in-2008", "companies-based-in-adelaide", "2023-mergers-and-acquisitions"] description: "Mining company based in South Australia" topic_path: "geography/australia" source: "https://en.wikipedia.org/wiki/OZ_Minerals" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Mining company based in South Australia ::

::data[format=table title="Infobox company"]

FieldValue
nameOZ Minerals
logoOz Minerals logo.svg
logo_size150
typeSubsidiary
foundation1 July 2008
locationAdelaide, Australia
key_peopleRebecca McGrath (Chair)
Andrew Cole (Managing Director)
industryMining
productsCopper, Gold
revenue$2.1 billion
revenue_year2021
operating_income$1.2 billion
income_year2021
net_income$531 million
net_income_year2021
parentBHP
homepagewww.ozminerals.com
::

|name = OZ Minerals |logo = Oz Minerals logo.svg |logo_size = 150 |type = Subsidiary |traded_as = |foundation = 1 July 2008 |defunct = |location = Adelaide, Australia |key_people = Rebecca McGrath (Chair) Andrew Cole (Managing Director) |industry = Mining |products = Copper, Gold |revenue = $2.1 billion |revenue_year = 2021 |operating_income = $1.2 billion |income_year = 2021 |net_income = $531 million |net_income_year = 2021 |parent = BHP |homepage = www.ozminerals.com}}

OZ Minerals was a mining company based in Adelaide, South Australia. Formerly listed on the Australian Securities Exchange, it was acquired by BHP in April 2023.

History

OZ Minerals was formed on 1 July 2008 when Oxiana and Zinifex merged.

In February 2009 a takeover offer by China Minmetals was recommenced for acceptance by Oz Mineral's board of directors. The proposal was one of three high-profile moves by Chinese firms to acquire stakes in the Australian mineral sector in early 2009.

The China Minmetals offer along with other proposed purchases, especially the stake in Rio Tinto planned by Chinalco, caused great public furore, adding political pressure to block Minmetals.

In March 2009 the Government of Australia blocked the sale, citing national security concerns about the proximity of the Prominent Hill Mine to the RAAF Woomera Range Complex. A revised deal that excluded Prominent Hill was approved in April 2009.

In June 2009 China Minmetals' Australian assets were spun off to form MMG. The Martabe gold project in Indonesia was sold to China Sci-Tech Holdings in the same month.

In 2015, with its activities concentrated on the Prominent Hill mine and the nearby Carapateena prospect in South Australia, OZ Minerals moved its headquarters from Melbourne to Adelaide. in 2016, OZ Minerals commenced construction of its Carapateena mine.

In April 2023, Oz Minerals was taken over by BHP and delisted from the Australian Securities Exchange.

Operations

Current

Former

References

References

  1. "Completion of OZ Minerals acquisition". BHP.
  2. [http://news.smh.com.au/business/zinifex-oxiana-merge-into-oz-minerals-20080616-2rcm.html Zinifex, Oxiana merge into OZ Minerals] ''[[Sydney Morning Herald]]'' 16 June 2008
  3. [https://www.asx.com.au/asxpdf/20080701/pdf/319ycd5vk3fs0s.pdf Implementation of Ziniflex/Oxiana Scheme of Arrangement] [[Zinifex]] 1 July 2008
  4. [https://www.asx.com.au/asxpdf/20090216/pdf/31g2d2lz8x6649.pdf Recommended 82.5 Cents per Share All Cash Offer for Oz Minerals by Minmetals] Oz Minerals 16 February 2009
  5. Wassener, Bettina. (27 March 2009). "Australia Blocks China's Purchase of Mining Company". [[New York Times]].
  6. [https://www.ft.com/content/46a21686-2ff2-11de-a2f8-00144feabdc0 China's Minmetals wins approval for Oz deal] ''[[Financial Times]]'' 12 April 2009
  7. (18 June 2009). "Minmetals launches new company amid flat demand".
  8. Tasker, Sarah-Jane, OZ gets good news with green light for gold project sale. ''[[The Australian]]'', 26 June 2009.
  9. OZ to sharpen Prominent Hill focus ''[[The Advertiser (Adelaide). The Advertiser]]'' 30 June 2009
  10. Richardson, Tom, [http://indaily.com.au/business/2015/01/28/state-govt-gives-major-miner-10m/ State Govt attracts miner in $10m deal] ''[[InDaily]]'', 28 January 2015. Retrieved 14 September 2022.
  11. Nicholson, Lee, [http://indaily.com.au/business/2015/12/17/oz-minerals-officially-stakes-its-claim-in-adelaide/ Oz Minerals officially stakes its claim in Adelaide] ''InDaily'', 17 December 2015. Retrieved 14 September 2022.
  12. Opie, Rebecca, [https://www.abc.net.au/news/2016-11-03/carrapateena-mine-construction-officially-launched-in-sa/7993158 Carrapateena Mine construction officially launched in outback South Australia] ''ABC News'', 3 November 2016. Retrieved 14 September 2022.
  13. [https://web.archive.org/web/20230418071753/https://www.bhp.com/news/media-centre/releases/2023/04/court-approves-oz-minerals-scheme-of-arrangement Court approves Oz Minerals scheme of arrangement] [[BHP]] 17 April 2023
  14. [https://web.archive.org/web/20230418071150/https://www.asx.com.au/asxpdf/20230418/pdf/45nrglyxtcz3p3.pdf Scheme of Arrangement becomes effective] Oz Minerals 18 April 2023
  15. [https://web.archive.org/web/20230418111214/https://indaily.com.au/news/business/2023/04/18/vast-majority-of-oz-minerals-jobs-in-sa-to-stay-after-bhp-takeover/ Vast majority of Oz Minerals jobs in SA to stay after BHP takeover] ''InDaily'' 18 April 2023
  16. [https://www.ozminerals.com/operations/antas/ Antas Mine] OZ Minerals. Retrieved 28 January 2021.
  17. [https://www.ozminerals.com/operations/carrapateena-project/ Carrapateena Mine] {{Webarchive. link. (23 January 2021 OZ Minerals. Retrieved 28 January 2021.)
  18. [https://www.ozminerals.com/operations/prominent-hill/ Prominent Hill] Oz Minerals
  19. [https://web.archive.org/web/20110707020611/http://australia.minmetals.com.cn/news_1.jsp?article_millseconds=1248748749312 Minmetals Succeeds in Oz Minerals Deal] Minmetals 11 June 2008

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bhpmining-companies-of-australiacopper-mining-companies-of-australiagold-mining-companies-of-australiamining-in-south-australiacompanies-formerly-listed-on-the-australian-securities-exchangeaustralian-companies-established-in-2008companies-based-in-adelaide2023-mergers-and-acquisitions