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  • BHP Reviewing Nickel Assets to Mitigate Drastic Price Slump; First Quantum to Halt Mining at Ravensthorpe and Cut 30% Staff

BHP Reviewing Nickel Assets to Mitigate Drastic Price Slump; First Quantum to Halt Mining at Ravensthorpe and Cut 30% Staff

BHP Group is considering options for its Australian nickel operation to mitigate the impact of a sharp fall in prices and warned it could be forced to write down the value of the assets, the latest sign of trouble in the green metals sector. More from BNN Bloomberg.

Meanwhile, Canadian miner First Quantum Minerals, which is reeling from the forced closure of its giant copper mine in Panama, will halt mining at its Ravensthorpe nickel operation in Western Australia for two years. More from Mining Technology.