Lower than a $, page-169

If we got funded say 2 years ago then went to production, how would operation look like given that nickel price is falling? Some nickel mines have stopped operation, possibly even BHP to follow. If we are producing now, we may even consider halting operations.

I have this feeling China is trying to kill competition first. Oversupplying nickel thru Indo kills western nickel miners. They introduced LFP to make demand for nickel even lower but emphasizing more on cheaper EV. Once china gets majority of market share, they can then introduce higher performance EVs with higher prices. This strategy isn't new. Chinese phonemakers such as xiaomi have done this.