The Nikel division is going to be the new darling (again). Remember when nickel was $52k per tonne....
these days will be repeated again. Not a substitute to IO profit ofcourse, but should be a nice little money maker over the next few years.
Kwinana should be making record profits with much reduced costs and low aud. They are also expanding production. Will it be enough to push BHP past $42 and beyond? Probably not, but should support SP at the current levels.
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