BHP plans to expand nickel output amid battery boom
Global miner rules out producing main battery ingredient lithium as it sees such output having slimmer profit
22 May 2019 - 15:47
Melbourne — Global miner BHP says it plans to expand its nickel sulphide operations amid an expected boom in demand for the material in electric vehicle (EV) batteries. But the company is not looking to produce main battery ingredient lithium as it sees such output having slimmer profits.
Speaking at a strategy briefing on long-term asset allocation, BHP CFO Peter Beaven said growth in nickel could come from either exploration or acquisitions...
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