INDONESIA NICKEL ( behind the curtain ) December 13 2023
Has Indonesia run out of Nickel Ore ?
Recent fire at nickel plant related to lack of, Nickel Ore ?
Indonesia scrambling resorting to mine - smaller surrounding Islands ?
Is this the best resolve ?
Did the Indo nickel hype affect North American nickel juniors ?
Who would benefit ? lol
SOLUTION ?
Ship concentrates from Canada to Indonesia to satisfy their...
voracious nickel appetite ?
Build new plants in, Canada or...
Could indo nickel plants be the quick resolve ?
Was it designed and guided this way ?
lol - same as S Korea.
Nickel Concentrates would have to rise exponentially to offset raw tonne payables
Allowing adequette payments for, iron, .and all other metals in the concentrate.
Magnesium penalties erased and payment for magnesium in ores
= drop the magnesium penalties / Mg is used in steel industry
= magnesium oxide
= Mg hydrazine nitrate ( rocket / missile propellant fules )
This format would transition Indonesia to become the
= primary nickel processing hub of, world
INDO NICKEL TONNE PROCESSING STATS
Expected Ore Tonnage Processed
= 2.2 million tonnes
Tonnage Needed to Satisfy Processing Plants
= 210 million tonnes
Link -
https://steelnews.biz/nickel-shortage-indonesia-smelters-facing-problems/
Will North American current nickel processors step up ?
Or... would shipping nickel cons to Indonesia provide a better solution ?
Canadian Nickel juniors
have seen far too many games.
Projects sitting for years.
Share dilution increased affecting investors gains.
Small grant monies thrown at juniors using, co2 or tech detractments which
keep these superb projects at bay.... all the while tamming the valuations.
Investors are tired of the one level up chess games with a 2030 crunch.
Smart investors are wide awake.
Nickel deposits containing
( copper, nickel, plat group, cobalt, chromium )
= services both electric and hydrogen markets
Pulling plat group metals from irons
= Increases profits exponentially
Creating a separate iron credit
= Increases profits exponentially
Accounting for magnesium credit
= Increases profits exponentially
Accounting for solid solution nickel
= nearly doubles the grade and size of resources
Wellgreen has far more to offer...
I could add a few more mineral benefits...
There's only a handful of nickel deposits in, Canada.
= more valuble than most think.
Cheers....