BHP to suspend Australia nickel operations amid glut
BHP will suspend its domestic nickel operations, including the country's only nickel smelter. A global oversupply has crashed nickel prices, driven by Chinese projects in Indonesia. A review of the suspension is scheduled for February 2027. Since 2020, BHP has invested $3 bln in Western Australia Nickel to service the electric vehicle market.

11 July 2024

Nikkei Asia