I agree in part but ask the question
If demand is so strong and getting stronger for the next few years--why suppress the price?
If there continues to be an ever increasing shortage of Nickel then a substitute product will be found that is more
readily available (first examples Sulphur, Silicone Salt Magnesium etc).
The cure for shortages is incentive to produce more product (that is a price incentive)
There have been critical shortfalls in investment in mining because--Price have been suppressed, , environmental standards
make it extremely difficult to get mining approval in less than 3-5 years, Governments tend to fail to support mining projects in bad
times and then they plunder them in good times (windfall Taxes).
The last 20 years have been highlighted by underinvestment but 2 things have changed dramatically A) the Electrification Revolution
is gaining pace and B) Mining Companies have finally learned the lesson of not expanding at any cost and that means not signing any agreement with governments just to get more product.
Please DYOR & IMHO
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