“Upgrading Indonesian supply to battery-quality form should reduce demand for Class I nickel, previously the material of choice for conversion to nickel sulphate.
There are signs of this already happening.
China, which is heavily invested in Indonesia's nickel sector, has been importing ever rising quantities of intermediate products such as nickel matte and pig iron.”
In my opinion, potential glut coming, so for anyone relying on higher nickel prices as a saviour should seriously consider Indonesia’s dominance/ huge growth.
Article states already signs of this happening, once fully operationally, game changer for class 1 nickel in my view
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