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Norilisk is predicting, 30.5.2024, the global Ni surplus will be...

  1. Montalbano
    1,523 Posts.
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    23/06/24
    00:49
    Post #: 74442581
    Norilisk is predicting, 30.5.2024, the global Ni surplus will be only c.100kt in 2024 & 2025; & that most of the surplus is from "low grade Ni".
    (These figures are smaller than what most experts were predicting recently- c.190kt surplus).

    Nornickel forecasts lower global nickel surplus, bigger palladium deficit - MINING.COM



    Assuming that green-produced Ni sulphides are "recognised" (at least in western, & pro ESG, countries) & priced at much higher $ than the very dirty Indon Ni Laterites, this bodes, eventually, well for BSX.
    Last edited by Montalbano: 23/06/24
    BSX Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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