It does kind of make sense that if there are specific nickel concentrate that are sorted after for EV then it will be worth more than the LME PoN, given the limited resources of sulphide nickel deposits worldwide, this will allow MBN to sell their product to clean stainless steel manufacturer or for battery used by EV, whereas laterite nickel producer can only sell to less clean stainless steel manufacturer (NPI).
But I am not sure about 30% premium on top of the LME PoN (if it is then wow!!!!) and they do need specific refinery to produce nickel sulfate from sulphide nickel concentrate which I guess MBN can outsource or sell it to these refinery at premium price.
- Forums
- ASX - By Stock
- MBN
- Some good news.
Some good news., page-756
-
- There are more pages in this discussion • 417 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MBN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online