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Federal Resources Minister Madeleine King reported significant interest in BHP's Nickel West operations, suggesting a sale agreement may be imminent. The Foreign Investment Review Board evaluates acquisitions on a project basis.

BHP placed Nickel West into care and maintenance in October 2024 and began the sale process last October. Potential buyers include Glencore, Wyloo, POSCO, and Sumitomo Metal Mining. Given the substantial rehabilitation liabilities associated with Nickel West, the sale price is anticipated to be nominal. BHP will determine Nickel West's future by February 2026.