Reuters
BHP sees Australia benefiting from EV metals push in U.S., Europe
SYDNEY (Reuters) -Australia is set to benefit from the growing interest in environmentally sustainable mining and minerals needed for decarbonisation, the chief of BHP Group’s nickel operations said. The U.S. Inflation Reduction Act passed in August, which allows for significant tax credits in the processing of battery cells, and the European Commission’s Battery Recycling initiative are examples of governments’ greater focus on electric vehicle (EV) minerals such as lithium, nickel and copper, according to Jessica Farrell, Asset President for BHP Nickel West. “Australian companies are well placed to be a partner of choice, recognising our efforts to address these ethical and environmental concerns, and Australia is a favoured jurisdiction from which to source commodities,” Farrell said in a speech at an international mining conference in Sydney on Thursday.
