costs

Everyone is freaking out the Ni price is falling and getting the stuff out of the ground is no longer going to be economical for many miners.

Mincor's cash costs are about $A6.00lb

Ni is currently trading at $AS8.70Lb

So Mincor margin has taken a big haircut over the last year or so.

My question is - Globally (or even in Australia) what are the cash costs for the other major suppliers.

Surely there comes a point where mines will shutdown, stockpiles will fall and then the Ni price will have to improve somewhat.