What’s behind the collapse in the price of nickel and how can the industry survive?
- Written by Mohan Yellishetty, Co-Founder, Critical Minerals Consortium, and Associate Professor, Department of Civil Engineering, Monash University
Australia’s nickel industry has been granted access to billions of dollars in federal funding as well as relief from royalty payments after a collapse in the global price of nickel that threatens thousands of jobs.
On Thursday BHP wrote down the value of its West Australian nickel division Nickel West to zero and said it was considering...
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