NIC 0.59% 84.0¢ nickel industries limited

Ann: Half Year Results Presentation, page-17

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    As per the article."The person did not specify how much the smelter is buying but said the purchases are of low-grade limonite ore."

    Well a certain company has been sitting on a giant stockpile of limonite ore for a while now because until recently wasn't as economic to ship it as saspolite Now they can truck it so it is now economical and by the sounds of it, in demand.


    https://hotcopper.com.au/data/attachments/5556/5556220-e95440fae275f5541bd633855f4a3d75.jpg

    https://hotcopper.com.au/data/attachments/5556/5556214-dc50518e84c68cc142f181b4b38d23c2.jpg

 
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