Notwithstanding the delay which is understandable given the current economic climate, this announcement is positive in that it places a final ultimatum on Ski to make a financial commitment or take a walk.
And fortunate for us, the price of Ni and Co is pointing North. The backdrop for battery element demand is only on the increase. So the longer it takes, the more difficult it will be for the Koreans to consider an exit
An expected outcome really if one is to look at things in a logical manner with medium to long term orientation.
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