https://www.sciencedirect.com/science/article/abs/pii/S0959652623017912
According to this article in Science Direct dated 15th August 2023 there is almost 100 million tons of ferronickel slag stockpiled throughout the world. I believe there is a significant stockpile in New Caledonia. And even if the MOU with Societè Le Nickel falls through (which I don’t believe it will) there is a massive surplus stockpile of ferronickel slag elsewhere so I don’t think obtaining the source material is going to be a major problem imo. It’s also likely that beyond the time Stage 2 is built in Malaysia in 5 years, there will be an upswing in nickel demand as like most metals it is a cyclical commodity
- Forums
- ASX - By Stock
- News: LMG Latrobe Magnesium Signs Binding MoU With Société Le Nickel
https://www.sciencedirect.com/science/article/abs/pii/S0959652623...
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $114.2M |
Open | High | Low | Value | Volume |
6.0¢ | 6.1¢ | 5.7¢ | $24.73K | 416.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 184779 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 397497 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 184779 | 0.056 |
6 | 110472 | 0.055 |
5 | 274758 | 0.054 |
3 | 847075 | 0.053 |
5 | 427309 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 397497 | 2 |
0.058 | 500000 | 1 |
0.059 | 536085 | 2 |
0.060 | 1001000 | 2 |
0.061 | 27200 | 2 |
Last trade - 12.21pm 24/05/2024 (20 minute delay) ? |
|
|||||
Last
5.6¢ |
  |
Change
-0.001 ( 3.45 %) |
|||
Open | High | Low | Volume | ||
5.9¢ | 5.9¢ | 5.6¢ | 208963 | ||
Last updated 13.00pm 24/05/2024 ? |
Featured News
LMG (ASX) Chart |