RE:RE:RE:RE:Hey NickelThanks for the explanation NV man - the market reacting to the headline but you have provided depth
thenorthvanman wrote: Tsingshan is a stainless steel producer. It is in their interests to drive down Ni prices as it is in their interests. They did the same thing with unreasonably optimistic HPAL costs and speed to market. Since then the projects have been delayed and costs have gone up. Nickel matte is simply high grade ferronickel, it will still require refinement to turn it into class 1. If u listen to them this will be cheap and easy if you listen to Robert Frieland this is expensive and not viable. Remember, Tsingshan has a vested interest in lower Ni prices.