Agreed that the price isn't as relevant just yet, however most of the Nickel that comes from Indonesia is type 2 and used in stainless steel manufacturing, the whole reason nickel is becoming more and more relevant is the shift into a greener future and the way nickel is being produced in Indonesia (as per recent leakage just yesterday) will not be up to industry standards for the EV sector in my opinion. They will be looking to companies with strong ESG credentials for supply and likely paying a premium for the best of the best.
Associated News, page-70
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