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Holcim AG is a global company specializing in building materials and solutions, operating within the construction industry. The company provides a comprehensive range of products including cement, aggregates, ready-mix concrete, and asphalt, serving a diverse client base ranging from individual home builders to large-scale infrastructure developers. Established in 1912 and headquartered in Zug, Switzerland, Holcim has a significant presence across more than 70 countries worldwide, capitalizing on its extensive distribution and logistics network. The company focuses on sustainability and innovation, striving to provide environmentally friendly construction solutions and enhance operational efficiency. Holcim's strategic initiatives include a commitment to reducing carbon emissions and expanding its sustainable product offerings.

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.