BHP halts Western Australia nickel mines on weak prices, glut

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starting in October, as the world’s largest miner struggles to navigate challenges posed by a substantial decline in nickel prices and a global oversupply.about this potential outcome earlier this year, said it will review its decision affecting both the Nickel West operations and the West Musgrave project by February 2027.

BHP noted it would offer redeployment opportunities to the company’s other operations or a redundancy payout to the 2,500 employees in the division. Resources Minister Madeleine King called the decision “disappointing”, noting that the federal government had worked with BHP and the broader nickel sector on policy responses to support ongoing Australian nickel production.

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