Indonesia able to get it out of the ground far cheaper than us and they've found heaps of it which is why our nickle mines are all in trouble here in Australia and in other countries.
Aus/Brazil controls the iron ore market and now Indonesia controls the nickle market.
Maybe Forrest ought to be buying up mines in Indonesia and mothballing the ones here.
News: FMG Fortescue's Forrest urges LME to separate nickel contracts into 'dirty' and 'clean', page-2
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |