Certainly music to my ears. They might shut the PNG mine down or at least im sure Indonesia will take notice and potentially delay environmental approvals on similar projects.
Tight and uncertain supply means higher prices in my view.
Getting large complex HPAL systems in Indonesia to fire up quickly with zero problems is required to meet demand. Plenty of things to go wrong from talking to an engineer with HPAL Ni mine maintenance experience.
WSA certainly did well last time Indonesia banned ore exports. Perhaps some new contracts for WSA if some Chinese/Indonesia relationships are damaged.
Certainly music to my ears. They might shut the PNG mine down or...
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