Associated News, page-2314

I had a thought. this Ni price pressure could force NC miners to choose to make a bigger investment into QPM, as a hedge for ongoing weak Ni prices? without value add from downstream processing through QPM, they surely face a difficult future competing with indo laterite miners.... in this scenario could it be that QPM find it easier getting that last bit of equity needed to get over the line? I mean if QPM could achieve FID and build TECH while prices are depressed, we would be well positioned to start producing into a higher Ni price (based on the 2-3 years analysts are saying it will take for Ni prices to recover). I have also read elsewhere that indo will deplete their reserves at currently rate of mining within 6 years. if true this would put upwards pressure on Ni prices to QPMs benefit. And with recent advances (thanks MTN) in nickel battery technology, high nickel batteries don't appear dead visa vis LFP.

maybe it's not all doom and gloom

thoughts?