News Wrap

IN today’s News Wrap: Nickel West up for sale as BHP revives divestment plan; Cobalt stocks in China are poised for new jolt as EV boom powers on; and demand for coal to surge in South East Asia.

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Nickel West up for sale as BHP revives divestment plan

BHP's Nickel West division could soon be back on the market through a public sale process, with the resources giant and its advisor Goldman Sachs said to be dusting off plans for a divestment, according to The Australian.

GS ran a sale process for Nickel West four years ago around the time of the South32 demerger, but the process was pulled after BHP failed to secure acceptable bids.

Cobalt stocks in China are poised for new jolt as EV boom powers on

A slump in cobalt prices and the shares of Chinese refiners may provide an ideal bargain-hunting opportunity for investors seeking a piece of the action as Asia's top economy leads a global boom in electr...

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