CTM 1.27% 40.0¢ centaurus metals limited

Chickens coming home to roost for Indonesia's very high CO2, &...

  1. 1,524 Posts.
    lightbulb Created with Sketch. 376
    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
    Last edited by Montalbano: Thursday, 00:39
 
watchlist Created with Sketch. Add CTM (ASX) to my watchlist
(20min delay)
Last
40.0¢
Change
0.005(1.27%)
Mkt cap ! $198.4M
Open High Low Value Volume
39.5¢ 40.0¢ 37.5¢ $245.5K 635.1K

Buyers (Bids)

No. Vol. Price($)
1 10000 38.5¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 18741 1
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
CTM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.