BHP sees Australia benefiting from EV metals push in US, Europe

Australia is set to benefit from the growing interest in environmentally sustainable mining and minerals needed for decarbonisation, the chief of BHP Group's nickel operations said.

The US Inflation Reduction Act passed in August, which allows for significant tax credits in the processing of battery cells, and the European Commission's Battery Recycling initiative are examples of governments' greater focus on electric vehicle (EV) minerals such as lithium, nickel and copper, according to Jessica Farrell, asset president for BHP Nickel West.