掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Canada nickel bid is 'tip of iceberg' of BHP growth ambition

  • Monday, May 9, 2022
  • Source:ferro-alloys.com

  • Keywords:silicomanganese, manganese, market,
[Fellow]BHP Group’s unsuccessful attempt to buy a junior Canadian nickel miner last year should be seen as “almost the tip of the iceberg” for its ambitions in the resource-rich country, says one of the company’s top executives.

【Ferro-alloys.com】:BHP Group’s unsuccessful attempt to buy a junior Canadian nickel miner last year should be seen as “almost the tip of the iceberg” for its ambitions in the resource-rich country, says one of the company’s top executives.

The world’s biggest mining company sees nickel as one of three “future-facing commodities” -- along with copper and potash -- and has set up its exploration and business development team in Canada, partly to scour for opportunities in Ontario’s highly prospective Ring of Fire region.

In the transition to clean energy, the world is expected to need four times as much nickel in the next 30 years as it has in the last 30 years, Ragnar Udd, BHP’s president for Americas minerals, said in an interview.

Besides its deposits, Canada has great people, policy that’s becoming more investor friendly, a population that seems to “get it” and a market that understands and invests in projects, he said.


After bowing out of a bidding war with Australian billionaire Andrew Forrest for Noront Resources in December, Melbourne-based BHP will “absolutely” be chasing more Canadian nickel assets, Udd said.

“You shouldn’t read basically that the conversation with Noront is a one and done,” he said. “It could be almost the tip of the iceberg in terms what I think the media saw as being worthy. But the reality is we have an entire engine that takes a look at growth within BHP.”

That engine includes in-house exploration, early-stage investments in junior and mid-sized miners, internal growth and takeovers. As an example, BHP just invested C$100-million ($78-million) in Filo Mining, a Canadian venture exploring a copper deposit on the Chile-Argentina border.

NICKEL FOCUS
While nickel -- a key component in batteries used in electric vehicles -- is a focus for BHP, so too are copper and potash. BHP has no preference among the three, with decisions being based on value and opportunity costs in terms of other capital allocation options. Relative valuations of copper and nickel companies have risen significantly, he said.

“The realty is that early-stage and mid-stage entry probably poses more risk, but also potentially has a higher reward associated with it,” Udd said. Still, “a fantastic deal” may come along in another section of the market, he added.

Asked if supply-constrained metal markets signal larger deals may be around the corner, he said BHP will pursue value wherever it may be.

“We’ll actively keep an eye on those different investments and will pull the trigger when we see value actually sits there,” Udd said. 

  • [Editor:Alakay]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 金堂县| 甘谷县| 隆安县| 纳雍县| 波密县| 大足县| 互助| 丹江口市| 广饶县| 涞水县| 淅川县| 自治县| 定日县| 抚宁县| 盱眙县| 图木舒克市| 平乐县| 鹰潭市| 南充市| 上杭县| 东城区| 乌审旗| 莱阳市| 酒泉市| 宜黄县| 凤冈县| 广元市| 丁青县| 都江堰市| 宜黄县| 玉田县| 二连浩特市| 长沙市| 上高县| 乐至县| 锡林浩特市| 吉木乃县| 浦北县| 卓资县| 霍林郭勒市| 宜宾县|