HRZ 2.94% 3.5¢ horizon minerals limited

Nickel oversupply

  1. 2,856 Posts.
    lightbulb Created with Sketch. 898
    This may also be a reason GSR/HRZ and other mining companies with nickel in their ground, are copping a belting;

    https://hotcopper.com.au/data/attachments/5979/5979179-172a39adcc35a1d5d5ce8e94275b592e.jpg
    I feel while the Chinese economy is flagging, demand for all EV battery minerals will be softened.Nothing to be done but grin and bear it,I reckon. On a personal note,I feel we should be getting into manufacturing, at least on a minor scale which can be bolstered if the need arises.At the moment we are at the mercy of China for too much of our prosperity.

    db
 
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