Well done Nic.
Nic invested too much into the 4 RKEF to make NPI and Ni concentrates.
Nic is fully exposed to ni price so if there's a sneeze in ni price then Nic gets a cold.
How is the ni supply market going relative to the ni demand market regardless the battery stuff.?
I am not seeing a strong demand in Npi so ni price is no doubt in a correction.
Yeh right Tsingshan will invest in ni matte for roughly 500m and the company will need more ni concentrate from Nic. What's about the Npi production line where Nic invested in?
If ni price is going well then Nic is in a hot spot and in reverse.
I'm still watching with interest.
Ann: Potential Diversification into the EV Battery Supply Chain, page-14
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