They do have a legal binding agreement and they hold 15ml of their cash, the truth is Gunvor wanted a bigger slice and had to settle for what they got...as for Indonesia they will have little effect on the SI as costs are a lot less from SI. one of the main reasons Indonesia and the Philippines want to process their own end products instead of buying the finished product back from the Chinese , THIS WILL ALSO LENGTHEN the life of mining in these countries ....Regena Lopez indicated by closing down Nickel mining operations and then building our own cleaner processing plants we could effectively lengthen the life of our operations from 7 years life to 25 years and in doing so get rid of the current operators who are polluting and damaging our communities ....I think she meant SMM and co and also the Chinese operators.
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