Primero focus, page-123

Today I read something that I think is obvious, but which journalists and other noise makers often overlook, and that is that nickel ain't nickel – there is steel-grade nickel and battery-grade nickel, and they are like chalk is to cheese. The massive increase in nickel from Indonesia is relevant to steel-grade nickel, whereas nickel produced in Australia, but not exclusively from Australia, is better suited for battery-grade nickel. The top three exporting countries are Russia, Australia and Canada, with Russia at the head of the pack, but EV battery makers are touchy about sources, so Russia has a problem. I have covered this nickel topic before (remember that music clip sung by Teresa Brewer).

That “something” that I read is “On BHP projections, nickel supply needs to increase four-fold over the next 30 years if energy transition targets are to be met. Copper needs to increase two-fold yet it is much easier to find than battery preferred nickel sulphide deposits. It was at https://unauthorised investment adv...-dead-long-live-these-nickel-juniors-in-2023/

There is more to mining nickel than blasting, digging and hauling, the value adds of concentration and refining suit Primero – see read https://investorinsight.com.au/nrw-...s-and-maintenance-at-savannah-nickel-project/.