Short Answer is, Tsingshan buys 100% of NIC's NPI. Glencore buy Nickel Matte
started Jan 2024 Future ENC Nickel Products will be sold to EV Manufacturers.
Justin mentioned several interested Parties wants ENC Nickel specially from
EV Battery Manufacturers.
P.S. NPI is sold directly to Tsingshan in Indonesia, Tsingshan now wants to buy
more NPI to under cut Producers in China for stainless steel. This resulted in
several NPI to Matte producers reverting back to NPI.
Ann: 2023 Annual Results Presentation, page-36
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