nickel mining

Competiton from Asia means the price for nickel has dropped from $US30,000 a tonne to $US16,000 a tonne, making BHP’s nickel operations unprofitable.

Mining billionaire Andrew Forrest says Australia can’t compete when Beijing is prepared to ‘destroy entire ecosystems.’

Western Australia Premier Roger Cook is scrambling to deal with the potential closure of another major nickel mine, as global prices plummet.