Only if you're a player inside the IRA tent who stands to lose the tax credits if you source from a FECO.
There's a ton of hype around the IRA and how it relates to very established int'l markets like Ni. Some it could aid (<-- keyword) in bifurcating the Ni market, in which IRA-compliant sources (i.e. non-FECO sources) might (<-- another keyword) eventually command higher Ni pricing than so-called 'dirty Ni' from the likes of FECO-backed Indonesian Ni. Much of that argument, imo, is rooted in the vacuum of theoretical economics that conveniently makes certain assumptions about how 'economic agents' (i.e. people, businesses, govts) should behave under certain conditions. Unfortunately, certain key assumptions in economic theory simply don't reflect the way people actually behave in reality.
In short: The Ni market may (or not) bifurcate in the future. If it eventually does, then it will be driven by market forces that are much larger than the IRA, not the other way around, imo.
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