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: Noront mentioned in BHP quarterly earnings report

Waiting for the transcript from the CC to come out but looks like BHP is focused on Noront's nickel:

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We’ve made an offer to acquire Canada’s Noront Resources – which their Board has recommended to their shareholders – to gain access to a highly prospective nickel basin in an attractive region.

There is growing recognition of the critical role that copper, nickel, iron ore, and even metallurgical coal for steel making, as well as potash for improved farming practices, have to play in the energy transition and in ensuring a sustainable world for future generations.

After implementing these changes, BHP will have a far greater relative exposure to future facing commodities through some of the world’s largest and most sustainable resources:

· Copper to support unprecedented demand for electrification and renewable energy;

· Nickel for batteries;

· And potash to support sustainable farming.

https://www.bhp.com/-/media/documents/media/reports-and-presentations/2021/210817_bhpresultsfortheyearended30june2021_speech.pdf?la=en

 

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