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BHP Reports $200 Million Loss on West Australian Operation

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BHP has suffered a $200 million loss on its West Australian operation due to oversupplied nickel markets. It plans to take a $3.5 billion pre-tax impairment on its WA nickel interests and may consider mothballing the assets or slowing down development of the West Musgrave project.

The mining giant BHP has declared a $US200 million loss on its West Australian operation due to oversupplied nickel markets. It plans to take a $US3.5 billion pre-tax impairment on its WA nickel interests and may consider mothballing the assets or slowing down development of the West Musgrave project.

 

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