Indonesia has been seeking a critical minerals deal with
Washington to ensure its nickel plays a key role in the EV supply chain of American companies. Jakarta has announced plans to trace ore to assuage concerns about compliance with environmental and labor standards.
“The message that we deliver to the US is that they’re not only facing competition from China for the supply of the nickel coming from Indonesia,” Seto said. “They are also facing competition from their friends in Europe.”
https://www.mining.com/web/indonesia-says-its-nickel-supply-will-keep-global-prices-low/ Original Plan ? Canada would team with USA and EUROPE form an alliance with clean nickel.
Allied Stakeholders form partnerships ( US, Europe + Canada )
GOAL POST CHANGE ? Europe is interested in, Indo / China nickel.
China has nickel plants in, Indo
Other larger players have plants in, Indo
Australia's nickel mines shutting down
Africa is yet another new competitor thrown in the mix.
Larger players... running to Africa.
https://www.mining.com/web/western-miners-lag-as-oil-powers-enter-race-for-africas-critical-metals/ North America.... checkmated. If we were to pull forward all the promises made by politician's 2020 forward ?
What ever happened to = Canada being a super critical mineral supplier ? Junior's in North America.... use low nickel prices as excuse to, sit idle.
Punch a few holes in the ground.
While majors retain full power over the critical minerals.
SOLUTION ? Pull forward other minerals ( plats, magnesium )
Begin ramping up for.... hydrogen markets ( heat, elec, fuels )
Magnesium alloys - VLOT - markets. vertical take off transportation.
If juniors don't jump lanes out of nickel...
then... they're fully controlled.
No autonomy over their resources.
Welcome to the.... critical mineral sector.
So much for... canadian juniors accessing Gov't funding.
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Why dilute shares when these are avail ?
5 Canadian Gov't tax rebates 1 -
The Clean Technology ITC: A refundable tax credit of
up to 30% 2 -
The Carbon Capture, Utilization and Storage (“CCUS”) ITC up to 60% ( air ) 3 -
The Clean Hydrogen ITC: A refundable tax credit of
up to 40% 4 -
The Clean Electricity ITC: A refundable tax credit of
up to 15% 5 -
The Clean Technology Manufacturing ITC: A refundable tax credit of
30% LINK
https://www.fasken.com/en/knowledge/2023/12/canadas-proposed-clean-energy-tax-credits Cheers