KD, Not to debate the point too finely, but the interviewee is, JW, NIC's CEO who is talking his own Indo book, imo (as we all do). If the west starts in earnest (i.e. beyond the US's rebate reduction measures) introducing meaningful tariffs (above certain thresholds) on the contained Ni in larger clean energy products like EVs, battery storage systems, etc, etc... from so-called dirty Ni sources, then it will rebalance the playing field.
The above might sound like wishful thinking. Perhaps it is. Then again, many western govts are accutely aware of the imbalance that Indo's Ni policy is having, which in part contravenes int'l trading rules. I can't see the LME adjusting its futures products to deal with so-called 'dirty Ni' issue, but I can imagine a situation in which various govts end up deploying countermeasures they have at their disposal, including tariffs, or other tariff-like mechanisms that achieve a similar end. It remains to be seen which vested interest groups prevail.
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Mkt cap ! $22.28M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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43 | 36404211 | 0.005 |
49 | 33803218 | 0.004 |
22 | 25996137 | 0.003 |
15 | 18340004 | 0.002 |
Price($) | Vol. | No. |
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0.008 | 22820854 | 35 |
0.009 | 5038007 | 15 |
0.010 | 3511534 | 11 |
0.011 | 1887444 | 6 |
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