CTM 2.38% 43.0¢ centaurus metals limited

Some good may come out of the Nickel market implosion from...

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    Some good may come out of the Nickel market implosion from March. It seems like market contributors are wanting a Nickel Sulphate market specifically for the battery segment of the nickel market.

    https://www.spglobal.com/commodityinsights/en/market-insights/blogs/metals/062822-china-nickel-sulfate-lme-pricing-mechanisms

    Interesting that the premium of Nickel Sulphate over the LME pricing seems well over the 6.25% or USD0.50/lb (I think) which was assumed in the SS. Looks around 20%-28% premium to me, both pre and post the short squeeze.

    https://hotcopper.com.au/data/attachments/4488/4488341-e9f684c1ffa49f1b028334a62c64c17b.jpg
 
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