NICKEL NEWS, page-13

And Chengtun just announced $245M Indonesian dirty low grade laterite Ni matte project on Indo islands wedo bay after another $300M project few months ago seeking to produce 70kt of laterite

this follows Mingling $200M build in Indo as well.

only problem, 3 years away plus end product needs more large refining to sulphide still, plus cheap labour of locals & more imported chinese managers which will create civil strife plus china taking over these polluted islands effectively raises sovereignty & tax issues

chinese are doubling down on Indo island destruction & pollution using dirt churning carbon flooding operations well away from its mainland.

its a ticking time bomb.
a waste dump & run operation.

only a matter of time before they realise theyve lost a fortune on crap low quality dirt sandpits as the local Malays will start striking, blocking or stealing/nationalising.

its not China, its Indonesia.
and its years away when the demand will be a lot bigger than the supply created.

china will be leader in carbon dirty matte crap shunned in the west.

wheres the $400B investment into Oz Ni top shelf sulphide producers that can produce in 9 months?
Teslas $1B offtake deal.with BHP & POSCO $300M into Ravensthorpe has started the ball rolling here.
Chinese nowhere to be seen other than Jinchuan

Dont worry the western flood is coming here too.
Quality reliable clean metal is in massive demand.
POS has the best of it globally imho.