Original article by Brad Thompson
The Australian Financial Review – Page: 17 : 30-Oct-23

Australian nickel producers such as BHP, Chalice Mining and Wyloo Metals are concerned that Indonesian rivals will be given access to subsidies via the Biden administration’s Inflation Reduction Act. Wyloo CEO Luca Giacovazzi contends that a US free-trade agreement on nickel with Indonesia would make it difficult to justify investing in Australian and Canadian nickel mines, due to the higher cost of production. Several US senators have backed the Australian miners’ stance, noting amongst other things that Chinese interests control much of Indonesia’s nickel production.

CORPORATES
BHP GROUP LIMITED – ASX BHP, CHALICE MINING LIMITED – ASX CHN, WYLOO METALS PTY LTD