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BHP halts nickel production in Western Australia due to price collapse (NYSE:BHP)

BHP halts nickel production in Western Australia due to price collapse (NYSE:BHP)

BHP Group (NYSE: BHP) will temporarily halt its nickel production in Western Australia as there is a global oversupply of the battery metal and this has led to a drop in prices, it said on Thursday.

“Like others in the Australian nickel sector, we were unable toBHPit said in a statement.