Nickel sale failure driving BHP demerger course

BHP’S declared preference for a demerger follows its failure to find a buyer for its Nickel West operation for the asking price of up to $1bn.

BHP’S declared preference for a demerger of its unwanted nickel, manganese and aluminium assets -- valued by the market at $14 billion -- follows its failure to find a buyer for its Nickel West operation for the asking price of up to $1bn.

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