Nickel leg coming for OZ as power fears quashed

NEVER in the history of mining presentations has so much been said about power purchase agreements (PPAs) as was the case at OZ Minerals’ September quarterly briefing to investors this week, writes Barry FitzGerald.

Nickel leg coming for OZ as power fears quashed Nickel leg coming for OZ as power fears quashed Nickel leg coming for OZ as power fears quashed Nickel leg coming for OZ as power fears quashed Nickel leg coming for OZ as power fears quashed

It was understandable stuff given OZ’s Prominent Hill copper-gold mine was hit during South Australia’s power blackouts in September last year, and because its power costs are up some 60% under a