Sure the Indonesian ban is not really news but I understand is supportive & also Russia being the biggest supplier of Nickel & PGMs. It will be interesting to see if the Indonesians hold their ground on this. Most of the climb in Nickel to date appears to be short covering, not saying there couldn't be more, however most nickel producers need a price above $20k/ton to make any real money I would have thought. Not a big fan of nickel as its far too volatile for my liking & issues around supply like this are all too frequent & then there is the pig iron issue, besides being quite a technical product to produce. Don't get me wrong you can make a lot of money, but you can also lose your shirt.
