BHP is exploring the sale of a desalination plant and associated power transmission lines in Chile, with the assets valued at up to $2 billion.
The potential divestment signals a strategic pivot toward concentrating capital on core copper mining operations rather than maintaining peripheral infrastructure.
The move comes as the miner seeks to streamline its balance sheet and operational footprint in South America.
By offloading these utility-scale assets, BHP aims to reduce capital intensity and focus resources on high-return copper projects, which remain central to its long-term growth strategy amid rising global demand for the metal.
This development follows recent regulatory progress for BHP in Chile.
The company has submitted applications to reopen its Cerro Colorado copper mine, proposing a shift to recycled water operations to secure necessary environmental approvals.