Regardless of long/short term offtake, BHP needs to bid to secure supply for longer term for its Kwinana plant.
Again, nickel only accounts 1% of their profit and they are selling oil, gas & coal business for ESG purpose.
On the other hand, IGO with sulphate production (currently 20% premium on top of LME) will be able to skip BHP and sell directly to battery and EV makers.
I personally prefer to have IGO scrip as it's going to worth more than BHP's cash. Although you may get a better return reinvesting in other junior nickel players.
DYOR
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