The expected demand for EV inputs Nickel. Lithium & Rare Earths, I expect supports the upside - add to this the need for China to manage their economy & avoid slowing of growth, the West to scale up to develop low emission value added output & the likelihood that the Russian Ukraine War will change the way the World develops dramatically from how things played out in the past.
I can't see the pullback in Nickel pricing lasting for an extended period, that's if you call US$30,000 plus a pullback, up more than 50% in recent months!!!
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