For me personally it's has something to do with MHP/ sulphate price being somewhat tied to nickel price.
The interesting thing is as the over supply from Indo comes online we will most likely see the 20% premium( which was used both in the pfs and afs) price paid for sulphate actually shrink.
Just like it did earlier in the year / 2022 when the premium actually turned into a discount.
Associated News, page-1056
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