BHP (NYSE:BHP) has sold its 17% interest in the $2.5B Kabanga nickel project in Tanzania to its partner Lifezone Metals (LZM) for as much as $83M, Lifezone said late Friday, as BHP continues its ...

BHP Group has sold its stake in a large nickel project in northwestern Tanzania, continuing its retreat from the global nickel market amid a glut of the industrial metal. The world's most valuable ...

BHP Group has opted to sell its interest in the $942 million Kabanga nickel project in Tanzania to its partner Lifezone Metals for as much as $83 million, Lifezone said.

All existing agreements with BHP, including the T2 Option Agreement, have been terminated. Lifezone has assumed full control of 100% of the offtake from the Kabanga Nickel Project.

By Rhiannon Hoyle BHP Group has sold its stake in a large nickel project in northwestern Tanzania, continuing its retreat from the global nickel market amid a glut of the industrial metal.

BHP (NYSE:BHP) has sold its 17% interest in the $2.5B Kabanga nickel project in Tanzania to its partner Lifezone Metals (LZM) for as much as $83M, Lifezone said late Friday, as BHP continues its ...