BHP Group to acquire a 17.8% stake in Kabanga Nickel for $90m.

BHP Group, an Anglo-Australian multinational mining, agreed to acquire a 17.8% stake in Kabanga Nickel, a Tanzania nickel project, for $90m. "We are delighted to announce this partnership with BHP. It highlights the world-class nature of the Kabanga deposit and its importance in helping meet the crucial decarbonisation challenge facing the world today. BHP is the ideal partner for Kabanga Nickel, bringing significant advantages and expertise that will enable us to move ahead with the project," Chris Showalter, Kabanga Nickel CEO.