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
- Forums
- ASX - By Stock
- Trading day running commentary
Chickens coming home to roost for Indonesia's very high CO2, &...
-
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTM (ASX) to my watchlist
|
|||||
Last
37.0¢ |
Change
-0.025(6.33%) |
Mkt cap ! $183.5M |
Open | High | Low | Value | Volume |
35.0¢ | 38.0¢ | 35.0¢ | $154.2K | 422.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21524 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21524 | 0.370 |
1 | 50000 | 0.355 |
1 | 28000 | 0.350 |
3 | 58210 | 0.345 |
2 | 19000 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 7000 | 1 |
0.395 | 22197 | 3 |
0.400 | 61978 | 2 |
0.420 | 15331 | 2 |
0.430 | 10000 | 1 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
CTM (ASX) Chart |