look at New Caledonia events then you will understand why NI is up 9-10%
It won t last unfortunatly..
Now copper is up..a sign for Nickel; i agree but million of tons of dirty nickel flying all over Indonesia
China has decided to flood it same strategy with iron. China is massively investing in Africa but it takes more time to build it and to replace BHP, Rio Tinto and Fortescue which about 400-500 million tons of iron ore exported to China each year!
You choose you buy a dirty EV or a clean one from Australian ores
Conclusion : China does not want any more Australian ore (nickel, iron ore, lithium etc..) - USA and Europe must secure it and are the only ones current investors in Australia
Zeb your opinion please
Fredy
look at New Caledonia events then you will understand why NI is...
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0.4¢ |
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| POS (ASX) Chart |