Why would a government nationalise a business that ain't coming back, regardless of price cycles:
The energy and resources consulting firm Wood McKenzie estimates that the capital costs of Indonesia’s new plants are US$35,000 per annual tonne of nickel produced, compared with more than US$100,000 at western plants. In the brutal logic of commodity markets, it is the highest cost producers that go out of business first in an over-supplied market.
https://www.aspistrategist.org.au/indonesia-harnesses-chinese-capital-and-innovation-to-dominate-world-nickel-production/
- Forums
- Political Debate
- Nickel West BHP suspended
Why would a government nationalise a business that ain't coming...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries