Bloody Marketing BS is EverywhereAll this nonsense about Class 1 nickel for batteries is total BS. This quote is from an RNC presentation from late last year. It really pisses me off that it is necessary to wade through so much manure to get to the truth.
"Many misconceptions about batteries, particularly about types of feed – fundamental issue is total nickel units No long-term shortage of nickel sulphate – premiums now, but China will build 2-3X what market needs (like they have for every semi-processed material) and bid premiums down to zero profit (feed suppliers win !) No shortage of feed - over 400kt of Class I product thrown into stainless steel furnaces, NPI plants can simply add a converter, add sulphur and produce matte (PT Inco has done for 30 years) to be refined"