Trading day running commentary, page-4606

Chickens coming home to roost for Indonesia's very high CO2, & locally, very environmentally damaging Ni laterite mining & refining.
I expect similar responses will openly emerge from western etc. countries, re enforcing the principles of the EU's "Green Passport " legislation,. US IR Act etc., & principles.

When will the LME (owned by China) offer Green Ni on the LME? Hopefully, soon.

The Eramet & BASF news is a huge boost,eventually, for CTM- & its SP.

The Dplomat.com K. Shennum 5.7.24 said

"On June 24, two multinational mining and mineral processing giants, France-basedErametand Germany-basedBASF, announced that they would cancel plans for a $2.6 billion nickel-cobalt refinery located within the Indonesia Weda Bay Industrial Park (IWIP), in North Maluku, Indonesia.

The companies cited commercial reasons, but the Indonesian government would be short-sighted to ignore other concerns. In an indirect reference to human rights and environmental concerns with nickel processing operations at IWIP, a BASF spokesperson said the company needs a “secure, responsible, and sustainable supply of critical raw materials.” Implicit in the companies’ statements is that they are concerned about increasing their reputational risk through a new investment at IWIP".

Cancellation of Nickel Investments Should Be a Wake-Up Call for Indonesia – The Diplomat