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clock Created with Sketch. 05/07/24
07:34
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Originally posted by Giovanni33:
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Chinese links yes, but they are Indonesia's 2nd wealthiest family so that's kinda unavoidable. My impression is they play both sides just like what India does in geopolitics. See russian oil as an example.
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"Nickel west is the perfect example of how grades are not everything. It costs them about 20k per ton to produce, so Indonesian Nickel has driven them into the dirt while we would be still turning a profit at these prices."
(20min delay)