BHP keeping the faith on nickel

DESPITE the price of nickel crashing to a two-year low, BHP’s view of its importance as a future-facing metal hasn’t changed.

BHP keeping the faith on nickel BHP keeping the faith on nickel BHP keeping the faith on nickel BHP keeping the faith on nickel BHP keeping the faith on nickel

BHP chief development officer Johan van Jarsveld speaking at Melbourne Mining Club

Nickel is trading at US$18,225.50 per tonne, or $8.26 per pound, the lowest since October 2021. It started the year at nearly $31,000/t.

Goldman Sachs is forecasting nickel to average just $8.

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