Pertinent market/industry news/articles, page-3352

Ave atque vale!

https://www.*****.com/news/2021-01-25/Death-of-diesel-looms-as-carmakers-accelerate-to-electric-future.html

The world’s biggest diesel engine factory is being transformed in to an electric motor factory- already producing over 80,000 units last year and aiming for approx. 180,000 this year.


https://www.*****.com/news/2021-01-25/Sherritt-misses-2020-nickel-production-target-due-to-disruptions-in-Cuba.html

As we’ve seen with the Indonesian move to ban the export of ores in favour of local processing, complete shutdowns in the Phillipines, local anger toward mines in New Caledonia and now this in the story above, we can see that sovereign risk is an important consideration when it comes to security of supply/insulation against price spikes caused by unforeseen government action.

Thankfully WA is one of the most mining friendly ( thanks in large part to the confidence built up from high safety and operating standards ), jurisdictions on the planet.

As nickel moves above $18,000 a tonne and cobalt nears the $40,000 mark our other potential credits such as gold etc may now have us in the money even before we factor in the premium able to be priced in for the commercial benefit that such security of supply can afford a supplier or manufacturer.