Don't forget BSX breaks even at US$12,000 per tonne of nickel. Moreover, the profit margins come in at the refinery of 811.
Remember that Vietnam production costs are super cheap (compared to Australia).
Further, the Indonesian nickel (laterite), which has flooded the market reducing the per tonne nickel price, may not be a part of the approved future supply chain to EVs in the EU and America due to CO2 footprint and refinery pollutants.
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Don't forget BSX breaks even at US$12,000 per tonne of nickel....
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