The price of nickel may be volatile but it does have a good floor below it.
The pig nickel that China has so successfully developed has a very high energy factor.
This means once nickel gets below $8/Lb the pig production starts going out and it is now a significant part of consumption..
This is a very good insurance policy for a project such as this which requires capex.
Cannot fathom why Rio have declared no interest.Have a feeling that Mandarin might be a useful language if you are on the board of MLX.
In the interim the tin price ensures we are not moving back while we wait for the Ni to get sorted.
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Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86376 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 180867 | 5 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |