@Bunn-Wackett you have mentioned this re nickel a few times but your logic doesn't hold from the data that I can derive from the web.
Here is an extract from the following articleIndustrial metals to remain vulnerable to more softness near-term, says Goldman
Published Oct 17, 2023 03:02 Updated Oct 17, 2023 03:1
If you do a search you can find a bunch of other article re the same issue re nickel. It's not a supply issue, its a demand issue.
This would also be supported by the spot price for nickel. See the following -
If demand was strong and supply was low/constrained then price should be increasing. It's not.
Further, this is also your argument re Li. So, in essence, you trying to have it both ways - re Li you argue that there is too little demand and too much supply thus the lower price for Li and re Ni you are arguing too little supply (of Ni), thus constraining production processes thus causing too few batteries to be manufactured and therefore resulting in an oversupply of Li.
The price chart above doesn't seem to indicate that to me. I may be wrong, but I don't think that I am.
Over to you....
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