BHP’s Australia boss believes the nickel market could turn a corner by 2028 and says a tight labour market in Australia will help the Big Australian absorb many of the 3000 WA Nickel castaways.
BHP on Thursday announced it would “temporarily suspend” its WA Nickel arm from October until at least February 2027 amid an ongoing supply glut from Indonesian mines. BHP had previously called the Indonesian supply tsunami a “structural” change in the market.
Subscribers with digital access can view this article.
Already a subscriber?