【BHP: Nickel Production Down 59.18% YoY in Q4 2024】
BHP's Q4 Production Overview
BHP released its Q4 2024 report, showing a total production of refined nickel, nickel intermediate products, and nickel sulphate at 8,000 mt, down 59.18% QoQ and 59.18% YoY. Specifically, refined nickel (nickel briquette) production was 100 mt, nickel intermediate products 7,900 mt in metal content, and nickel sulphate 0 mt in metal content.
Production declined significantly as expected, with BHP successfully executing its plan to temporarily suspend the Nickel West supply chain (including the West Musgrave mine project). The production results benefited from inventory reductions to achieve additional value.
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