Good article Prawnstar.....what is interesting is they are hoping Indonesia will help out with the short fall.....also congress in the Philippines are about to Vote on whether or not to follow Indonesia in suspending supply to the International Market,
the incentive for this is 2 fold...a hand out from the G20 summit of over 370ml USD for Environmental measures.....
a deal with Vale to construct a new HPAL plant... this according to Regina Lopez would increase the life of their current Nickel operations from 7 years to 20 years of life by processing their own Nickel and selling the end product , rather then selling the raw product.
at this stage their is no likely hood of Indonesia releasing the brakes on Nickel sales as their Aim is to produce their own end product as well, or at least until the price exceeds $16,000 tonne , this was around the Figure when they stopped shipments out.
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Good article Prawnstar.....what is interesting is they are...
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