BHP to sell shuttered Kambalda nickel plant to Gold Fields

BHP Group will sell its Kambalda nickel concentrator plant and associated land in Western Australia to Gold Fields Ltd. for an undisclosed sum.

Gold Fields will "evaluate options for the long-term use of the concentrator," BHP said in a statement Wednesday. The sale includes mining tenements and mineral rights.

The Kambalda processing mill was shut in mid-2024 after BHP suspended operations across its entire Nickel West business as metal prices plunged amid a global oversupply.

BHP said it is continuing to review the broader business, with a decision on the future of its remaining assets-including a nickel refinery, a smelter and two major mines-expected by February.