BHP wary as nickel takeover talks proceed

Original article by Nick Evans
The Australian – Page: 18 : 20-Aug-21

Nickel miner Western Areas has advised that it is holding preliminary discussions with IGO Limited regarding a potential merger. IGO is keen to expand its nickel portfolio, given that its Nova project in Western Australia is nearing the end of its mine life. Further consolidation in the sector would have implications for BHP’s Nickel West division, whose Kalgoorlie smelter is highly dependent on nickel supply from smaller producers.

CORPORATES
WESTERN AREAS LIMITED – ASX WSA, IGO LIMITED – ASX IGO, BHP GROUP LIMITED – ASX BHP

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