BHP eyeing nickel asset sales - report
SYDNEY (Reuters) - Global miner BHP Billiton (BHP.AX)(BLT.L) is looking to sell its Yabulu and Ravensthorpe nickel operations in Australia as a package, the Australian Financial Review reported on Friday.
The paper said BHP would complete a review of Yabulu next week, with Xstrata (XTA.L) and Gladstone Pacific Nickel seen front-runners to buy the operation.
A review of Ravensthorpe, which was closed down earlier this year amid a sharp decline in nickel prices, would run until the end of the year, but a sale could come earlier, the paper said, citing a source close to BHP.
(Reporting by James Thornhill; Editing by Wayne Cole)
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