HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: BHP in talks to sell its petroleum business to Australia’s Woodside

BHP exiting fossil fuels, sounds like good news for upping the bid if BHP strategy going forward is mining critical minerals for EVs

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The world’s biggest miner also said it had begun a strategic review of its oil and gas business – made up of assets in Australia, the Gulf of Mexico, Trinidad and Tobago, and Algeria – that analysts value at between $10-billion and $17-billion.

BHP has been facing calls to detail how and when it will exit fossil fuels. It has already sold some coal assets.

https://www.theglobeandmail.com/business/industry-news/energy-and-resources/article-bhp-in-talks-to-sell-its-petroleum-business-to-australias-woodside/

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