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CONFIDENTIAL
RAVENSTHORPE NICKEL OPERATIONS
“Ravensthorpe is strategically positioned as a clean, sustainable source of nickel and cobalt for the EV battery value chain.”
❖ Built by BHP in 2008, mothballed in 2009
❖ Purchased by FQM in 2010 for US$340M - Significant redesign and refurbishment
❖ Operations commenced 2011
❖ Care and Maintenance 2017-19 due low Ni Price
❖ Design and permitting for major Shoemaker Levy Project
❖ Re-start May 2020
❖ Announced sale of 30% minority stake to POSCO for US$240M (May 21)
