this podcast touches on this aspect and the theme is that all nickel isnt the same... nickel sourced from laterites are typically large capex, more complex mineralogy deposits, and typically come with much higher ESG footprints so will be less desired both from the money markets and end users when trying to demonstrate supply chain 'greenery'...
where as nickel deposits sourced from sulphides do the opposite, much cheaper capex, easier to process and come with a much smaller ESG footprint, so will be easier to fund, easier to process and have a significantly less ESG impact, thus be more desired for funding and offtake.
and the way this world is going, this difference will make a big impact IMO.
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(20min delay)