BHP Abandons Efforts to Sell Australian Nickel Unit

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BHP Billiton Ltd. abandoned attempts to sell its Australian nickel unit, with the world’s biggest mining company saying it failed to receive acceptable offers.

Nickel West will remain a part of the BHP Billiton portfolio, indicating it’s unlikely to be part of the spinoff of much of its smaller mining assets announced in August, Melbourne-based BHP said today in a statement.