China has the biggest REE resources in the world. China is the world's biggest (c. 85%) refiner of REE (& Ni), into chemicals etc. for EV & renewables' storage batteries, & other renewable applications- & military & defence applications etc.
China, taking advantage of its above dominance, has, for decades, also used economic coercion, bans, IP, patent & technology theft etc,. to further it economic & political ambitions.The latest was its 3.7.23 ban on export of many REE gallium & germanium products (which it also has dominance in).
See my link below.
https://www.news.com.au/finance/business/manufacturing/chinas-brute-force-plan-to-destroy-entire-industries-could-seriously-backfire/news-story/702c8b846aeae1b7293155609c129852
This will further reinforce the increasingly strong & publicly proclaimed belief by many western etc. countries that they must secure their crucial supply chains- particularly in Critical Minerals (inc. Ni), refining, & processing. They have decided (eg US 2022 IR Act, & the EU 2023 Critical Materials legislation, & other programs), to invest much more in "reliable" countries (ie not China, or Russia) in these Critical Minerals etc-to ensure the viability & success of the decarbonisation revolution...& for their own Defence needs.
China, which has increased its threats to invade Taiwan, is not trusted- & will very likely continue to use economic coercion against the West.
Vietnam is strongly seeking further investment from western countries; & has severe diplomatic conflict over China's claims (inc. sinking of Vietnamese fishing boats etc.) to full control & sovereignty, re Vietnam's internationally-recognised (eg ICJ at The Hague) territorial waters in the Eastern Sea.
For BSX's Ni tenements & its Ni refinery, these geopolitical factors bode well for the success of BSX.
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4.1¢ |
Change
-0.009(18.0%) |
Mkt cap ! $21.64M |
Open | High | Low | Value | Volume |
4.8¢ | 4.9¢ | 4.1¢ | $24.20K | 519.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 100813 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.040 |
3 | 89869 | 0.038 |
1 | 260000 | 0.036 |
3 | 50364 | 0.035 |
1 | 462000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 100813 | 2 |
0.049 | 224624 | 2 |
0.050 | 142382 | 5 |
0.052 | 20000 | 1 |
0.054 | 36111 | 1 |
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