Nickel Investing News » BHP Billiton to sell Ravensthorpe nickel mine

BHP Billiton to sell Ravensthorpe nickel mine

November 23, 2009 @ 2:50 pm In Nickel Company News

BHP Billiton (BHP.AX) is reported to sell its Ravensthorpe nickel mine in Australia.

The news release is quoted as saying:

A sale could yield BHP $850 million-$1 billion, according to several banking sources with knowledge of the sale process, while others put the figure at no more than $500 million.

Click here to access the entire news release ^[1]

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[1] Click here to access the entire news release: http://www.reuters.com/article/euDealsNews/idUSTRE5AL1EQ20091122