According to The Australian Financial Review, BHP Nickel West’s exploration spending this year will hit its highest level since 2005 as it moves to capitalise on the soaring demand for electric vehicles.
Increasing sales of electric vehicles is a key objective of many governments that have signed up to net zero emissions by 2050, as reducing carbon from the transport sector is proving more challenging than other sectors. https://www.afr.com/companies/energy/bhp-nickel-west-says-exploration-spend-to-hit-17-year-high-on-ev-boom-20220803-p5b6vt
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