12 November 2014
On 14 May 2014, BHP Billiton announced a review of its Western Australian Nickel West business, comprising the Mt Keith, Cliffs and Leinster mines and associated concentrators, the Kalgoorlie smelter, the Kambalda concentrator and the Kwinana refinery.
This review is now complete and the preferred option, the sale of the business, has not been achieved on an acceptable basis. The Company will only pursue options that maximise value for shareholders.
At this time, Nickel West will remain in the BHP Billiton portfolio as a non-core asset and the Company will continue to operate the business to realise its full value.
Nickel West Asset President, Paul Harvey, said: “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.”
For more information, please see the News Release.