OZ Minerals has pressed start on a new $1.7 billion copper-nickel mine in remote Western Australia, in a move that could result in the miner emerging with a heavyweight electric vehicle partner, and further complicate the road ahead for takeover suitor BHP.
Andrew Cole-led OZ Minerals said car and battery makers had shown a keen interest in owning a strategic stake in the mine.
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Brad Thompson was a reporter at The Australian Financial Review