Glencore to Study BHP Australian Nickel Assets, CEO Says

Posted on March 4, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Glencore Xstrata Plc (GLEN), the global commodity trader and metals producer run by billionaire Ivan Glasenberg, said it will study the sale of BHP Billiton Ltd.’s Australian nickel assets.

“It’s on the market, it’s clear it’s on the market,” Glasenberg said today in a phone interview from London. “We will kick the tires. It’s something that would make sense, but it is an asset that’s had its problems.”