Good morning, it’s Amy in Melbourne with the Friday edition of your Bloomberg newsletter.
Today’s must-reads: • Why BHP is moving in on Anglo American • Lithium lures billions in Western Australia • Aukus export standards raise risk of delays What's happening now BHP’s takeover bid for miner Anglo American is shaping up to be a blockbuster and would spark a major industry shake up. Anglo’s reputation is in tatters and BHP’s proposal to break it up and cherry pick the best assets marks a humbling moment. But Bloomberg Opinion’s Chris Hughes writes that BHP may need to sweeten the £31.1 billion ($38.9 billion) offer.