Any news on Tesla and Indonesia ???, page-11

Batteries aside, the biggest driver of nickel use will still be driven by ev production and green economy. My concern earlier in the year was a slow down in nickel use due to lower oil price and construction slowdown. Oil and gas use a lot of stainless steel in their plants espically offshore. EV manufactures have filled the gap, spending tens of billions building new mega factories all of which will use tons on ss bolts, tube and fittings. Wind and solar farms also contribute. The buildings setcor in Australia is going good. All the new homes have ss sinks and appliances but this is dwarfed by the global clean energy drive. We are on the cusp of a new manufacturing boom. I am not predicting nickel price will reach 20k + , but I do think there will be sustained demand for nickel for many years going forward. For a low cost bulk producer like NIC, my opinion is they will continue to ride the wave for years. GLTAH.