BHP Billiton releases update on Nickel West

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Image credit: bhpbilliton.com

Six months ago, mining giant BHP Billiton announced a review of its Western Australian Nickel West business, which consists of the Mt Keith, Cliffs and Leinster mines and associated concentrators, the Kalgoorlie smelter, the Kambalda concentrator and the Kwinana refinery.

Image credit: bhpbilliton.com

The company announced on Wednesday that the review was not yet complete and that the sale of the business – which had been identified as the preferred option – has not been achieved on acceptable basis.

The company also advised that Nickel West will remain in its portfolio of non-core assets and that BHP will continue to operate the business to realise its full value.

“The focus of Nickel West will remain on delivering safe and efficient production whilst pursuing every opportunity to maximise productivity, to reduce operating costs and increase free cash flow,” said Nickel West Asset President, Paul Harvey.