Anglo-Australian mining giant BHP invests $40m into Kabanga Nickel Project in Tanzania’s. With the growing demand for the metal used to make electric vehicle batteries, Tanzania targets to become a significant producer of responsible and sustainable metals. The project’s new owner, Kabanga Nickel, is anticipating its first production in 2025.
Read the original article here: https://www.reuters.com/markets/deals/bhp-invest-50-mln-advance-tanzania-nickel-project-2022-01-10/