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Fresnillo plc is a Mexican-based precious metals mining company predominantly active in the extraction of silver and gold. The company focuses on its core operations located primarily in the state of Zacatecas, Mexico, where it manages several mines, including Fresnillo, Saucito, and Juanicipio. Founded in 2008 and headquartered in Mexico City, Fresnillo is part of the industrial metals and mining sector. It has a strategic position as one of the largest primary silver producers globally, with an emphasis on cost-effective extraction and extensive resource bases. Fresnillo's geographic presence in mining-friendly jurisdictions and its experience in large-scale operations underpin its competitive strengths.

BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual-listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore US oil and gas assets were sold in 2018, and the remaining petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. It purchased copper miner Oz Minerals in fiscal 2023 and half of the Vicuña copper joint venture in fiscal 2025. It is entering the potash market through the development of its Jansen project in Canada. However, due to low prices, BHP placed its nickel business on care and maintenance in 2024.