BHP said it will temporarily suspend its Western Australian nickel operations as it has not “been able to overcome the substantial economic challenges driven by a global oversupply of nickel.” The miner said the suspension will begin in October and last at least until February 2027. “We understand this is a challenging period for the Western Australia Nickel team and…
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Oz magnate Palmer sells off Qld nickel refinery: report
Australian businessman and mining magnate Clive Palmer has reportedly sold the idled Yabulu nickel refinery in Queensland in a A$2 billion deal. Full article.
Read MoreBoliden declares zinc force majeure
Miner Boliden has reportedly declared a force majeure on deliveries of its Zinc to Norway amid a strike there by workers in the electromechanical industry. The Swedish-based producer said, according to Reuters, that the strike is targeting a number of electromechanical plants, including its Odda zinc smelter along with Glencore’s nickel refinery in Kristiansand and aluminium output at Norsk Hydro…
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