The market is not buying any expensive ESG friendly Nickel from Australia, they are loading up from Indonesia...
Australian mines closing down because of it.
Same as Cobalt
Same as Lepidolite Lithium from China
Rare Earth is similar
Synthetic graphite looks to be the same.
Read the room.
I have a low entry so happy to stay invested in this and see how it ends up, but until graphite prices increase, there will be no off takes and no progress.
Happy to be proven wrong. But I know the risks very well here and that's what they are.
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