RE:Cartelling by China destroys everything.Un-paywalled edition: https://archive.is/uaYUv
"The independent research, commissioned by the Chamber of Minerals and Energy of WA, found WA’s nickel sector was at risk of becoming unviable amid a flood of cheaper Indonesian supply, lower than expected demand for battery minerals and rising local costs."
. . .
"Since September 2023, WA’s nickel industry has seen five mines close or scale down production, including Panoramic Resources, BHP Nickel West, Andrew Forrest’s Wyloo Metals and First Quantam Minerals."
. . .
"“The Australian and Western Australian nickel industry is facing significant economic headwinds. Production costs have risen almost 50 per cent since 2019 while nickel prices have declined 51 per cent since 2022,” Ms Tomkinson said."
China plays for keeps when it comes to getting the world dependent on it.