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https://www.reuters.com/markets/commodities/australia-lists-nicke...

  1. Fredwah
    637 Posts.
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    19/02/24
    22:04
    Post #: 72490934

    https://www.reuters.com/markets/commodities/australia-lists-nickel-critical-mineral-unlock-billions-support-2024-02-16/

    "The international nickel price is forecast to stay relatively low through 2024, and likely for several years to come until the surplus of nickel in the market is corrected," Resources Minister Madeleine King said in a statement.

    Nickel market over supplied.
    Oz Gov - Unlocking "billions of dollars in cheap government loans" for Oz nickel companies to increase nickel supply.
    Nickel market even more over supplied.
    Oz Gov - "There, I fixed it."
    BSX Price at posting: 6.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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