Nickel ores often contain PGMs (Platinum Group Metals) and in fact the largest producer of Palladium (one the PGMs) is Norilsk, which produces it as a byproduct of Ni production. The other two metals usually considered part of PGM are Platinum and Rhodium.
Bothe Palladium and Rhodium are currently being traded at record prices and are expected to continue at these levels and possibly even increase in the short term.
If ARL can produce Palladium and/or Rhodium as a byproduct of Ni/Co production it may prove enough credits to make mining profitable at a lower Ni price.
The quarterly announcement stated thet are doing metallurgy work at KNP and I hope that includes work on feasibility of Palladium and Rhodium byproducts.
ARL chart, page-2167
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