RE:People talk about the Capex Good point idle. $500 million or so difference when the EV/battery guys just got $60 billion and counting to ensure their battery operations supply chain of nickel continues for decades is a drop in the bucket.
With rates projected to drop a tad next year the market will adjust to higher costs as they always do. Nickel prices are being suppressed temporarily and by year end should turn the corner or sooner if Indonesia quotas kick in.