As China controls most of the nickel mines in Indonesia, it's really China in control, not Indonesians.
interestingly, the Indonesian government recently reported that their known Ni higher grade reserves would be depleted by 2031, and the lower grades by 2036. That opens the door for explorers like RDN as the big M&A players plan 10 years ahead, so RDN's nickel could prove very attractive to them!
RDN Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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