BSX

0.00%

2.8¢ blackstone minerals limited

Media, page-998

First 998 Last

Share
Profile

Follow
michaelhaley

2,554 Posts.

366

04/08/22

22:26

Post #: 62933204
Share

Originally posted by Montalbano: ↑

This article implies there is a strong possibility that there will be bans on Russia's huge nickel exports, in the medium term.
BSX would benefit greatly, when these bans are introduced.

The Guardian J. Harding said

"Policy experts have speculated that Potanin had so far avoided being sanctioned by the UK, US and EU because his Siberian nickel and palladium mining company Norilsk Nickel is crucial for the global automotive and semi conductor industry. Norilsk produces about 15% of the world’s high-grade nickel used in batteries, and about 40% of its palladium, which is crucial for the manufacture of semiconductors".
https://www.theguardian.com/world/2022/jun/29/vladimir-potanin-uk-sanctions-nickel-king-russia-putin

It should be noted that the EU, UK, USA have imposed major sanctions already (due to its brutal invasion) on Russian:-
. coal exports
. most of its oil exports.
. gas export (Russia, pre 2020, provided the EU with 40% of its gas needs) bans have been announced- but are planned to be fully implemented by c. 2025, to allow time for alternative gas suppliers to be sourced.

Significantly, amongst the myriad bans, nickel has NOT been included- even though Russia is the world's largest nickel producer & exporter (7%; & Norilsk supplies 15% of the world's high grade nickel used in batteries).
The EU, UK, USA, Japan etc. are acutely aware there is, now, NO short term replacement for Russia's crucial, VAST nickel exports.

What will happen in the future to the price of nickel, when Russian nickel also will, IMO, be totally banned ? A significant price rise, IMO, can be expected.

This bodes well for nickel producers, inc. BSX & their shareholders.

Expand

BSX need to buy Nickel for operations so a high Nickel price is not a good thing.

A price Increase due to low supply also creates a need for a change in battery chemistry technology.

Nickel price needs to find goldilocks price and stay there

BSX Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

HotCopper Highlights: Your most watched stocks for Week 46, 2024

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

First 998 Last

Add BSX (ASX) to my watchlist

(20min delay)
Last 2.8¢		Change 0.000(0.00%)		Mkt cap ! $14.86M

Open	High	Low	Value	Volume
3.0¢	3.0¢	2.8¢	$7.417K	255.2K

Buyers (Bids)

No.	Vol.	Price($)
1	19331	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.9¢	50000	1

View Market Depth

No.	Vol.	Price($)
7	1045753	0.027
2	345578	0.026
6	2055848	0.025
1	31000	0.024
2	125680	0.023

Price($)	Vol.	No.
0.029	50000	1
0.030	186390	2
0.031	56013	1
0.033	215519	2
0.035	1405	1

Last trade - 15.59pm 15/11/2024 (20 minute delay)

BSX (ASX) Chart

Media, page-998

Banshee's historic trenches prove rich in antimony and gold for GDM

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Cyclone signs MOU with Vale for development of Iron Bear play

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Media, page-998

Top Stories

Banshee's historic trenches prove rich in antimony and gold for GDM

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Cyclone signs MOU with Vale for development of Iron Bear play

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News