Australian billionaire trumps BHP in offer to acquire Canadian nickel miner

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(CU)_Over the recent years there has been a significant increase in the demand for nickel, which is a key ingredient in the manufacturing of lithium-ion batteries used in electric vehicles. Therefore, miners across the globe are looking to make an entry into the Ring of Fire region of Northern, in east-central Canada, which is considered to be one of the country’s largest untapped reserves of the metal.

In July this year, BHP Group, a world-leading resources company, made an offer of …

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