Chanticleer
Demand from the energy transition was supposed to underpin strong prices for nickel and lithium. But the battery minerals slump appears to be entering a new phase.
The most interesting word in BHP’s December quarter operations update can be found on page 14 – “structural”.
That’s how the mining giant describes the changes ripping through the nickel sector, and threatening the viability of its Nickel West project in Western Australia.
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Original URL: https://www.afr.com/chanticleer/bhp-s-warning-on-battery-minerals-is-striking-20240118-p5eyb3
