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let me rephrase that ''Russia buys...'', the dailyexpress

RUSSIA’s gold buying hit its highest level in six years in the first quarter of 2019. An expert is now warning Russian President Vladimir Putin’s heavy buying of the shiny metal is a “bad sign” for world peace.
But the director added: “Russia is already shaking up the global gold market, because in 2018 Moscow bought almost all of Russia’s gold-mining output, now the third largest behind China and Australia.....

as long as trhis is not a one off... its good news.. platinum price in 2007... $2100 per oz??

''In its latest Platinum Quarterly report, the World Platinum Investment Council (WPIC) revised its forecast for oversupply this year to 505,000 ounces from 295,000 ounces, blaming weak demand for platinum jewellery, and said 2019 would see a surplus of 455,000 ounces.

"Supply will grow (in 2019) but demand will grow even more, and reduce the surplus slightly," said the WPIC's head of research Trevor Raymond.

Platinum prices hit a 10-year low in August and are down 9 percent this year.(2018)'' kitco

''Exclusive: Tesla expects global shortage of electric vehicle battery minerals - sources''

theres nothing new in this ..

''“How much nickel and cobalt is in an Electric Vehicle (EV) battery? Is it significant to our project?”

Answer Team: The composition of EV batteries varies by manufacturer. Let’s limit this response to the Tesla Model S, which generally comes equipped with a 70 kWh battery (providing about three miles per kWh). This battery weighs about 450 kilograms or 1,000 pounds, nearly 25% of the total vehicle weight.

An EV battery for the Tesla Model S is comprised of four components: an anode, a cathode, the electrolyte and the rest (the container basically). The cathode represents about 50 to 60% of the total weight of the battery and is composed of nickel, cobalt and aluminum. In this version of the battery, the cathode consists of about 80% nickel, 15% cobalt and 5% aluminum. Therefore, the nickel content of this battery is in the order of 440 pounds or 200 kilograms per battery.

At Kun-Manie, we have about 738,000 tonnes of nickel in our resource. If we could mine every tonne of the nickel at a metallurgical recovery of 80%, the total nickel would allow for the manufacture of about 3.0 million batteries. This may sound like a large number of batteries but Chinese EV manufacturers are projecting 4.5 million new unit purchases per year by 2020. With the potential of this sole market being so large, we obviously have been and are watching this space very closely.

As for cobalt, there is about 15,000 tonnes in the resource inventory at Kun-Manie. At a metallurgical recovery of 60%, this represents 9,120 available tonnes of available cobalt. The Tesla battery contains an estimated 80 kilograms of cobalt which would allow for the manufacture of just over 110,000 batteries.

The EV market alone represents a substantial opportunity to Amur Minerals Corporation with new EV units predicted to grow at about 30% year on year. As you can see, our Kun-Manie deposit alone could not meet the demand of a single year’s production of EV batteries in 2020 for China alone. We believe that the nickel market will continue to demonstrate firm price support on the back of this EV industry alone, whilst long term demand for all other nickel products such as stainless steel will also continue to grow.''

If there is going to be a huge switch to lecky stuff... then why would AMC & the Russians want to start producing now...or even the near future.. You'd wait til the price really starts rocketing in 10-15 years!
Nickle was $9.50ish in '2014 I would look at mining til $10 at least. Nickel surely has to go to $50

its 2018 annual GDP growth forecast of 1.5-2%.

The Bank of Russia’s view of the Russian economy’s mid-term growth prospects has remained mainly unchanged. Due to the budget rule, the decrease in the 2019 average annual oil price from 63 to 55 US dollars per barrel in the baseline scenario will have little influence on macroeconomic fundamentals. In 2019, the forthcoming VAT increase might have a slight constraining effect on business activity (mostly in the beginning of the year). The newly attracted budgetary funds will be used to boost government spending, including spending on investments, as early as 2019. As a result, according to the Bank of Russia forecast, GDP growth in 2019 will range between 1.2% and 1.7%. The following years might see higher growth rates as the planned structural measures are implemented.

to 7.75%
The Bank of Russia raised unexpectedly its benchmark one-week repo rate by 25 bps to 7.75 percent on December 14th, saying the decision is aimed at limiting inflation risks that remain elevated, especially over the short-term horizon on the back of the upcoming VAT rate increase. Policymakers expect annual inflation to be 5-5.5 percent by the end of 2019, before returning to 4 percent in 2020.

Excerpts from the Information Notice of Bank of Russia:

At the end of 2018, inflation is expected to be close to 4%, which corresponds to the Bank of Russia’s target. In November, the annual consumer price growth rose to 3.8% (3.9%, according to the estimates as of 10 December). This November’s upward movement of inflation was largely driven by annual food price growth accelerating from 2.7% to 3.5%. This was supported by changes in the balance of supply and demand in certain food markets. Prices are further adjusting to the ruble exchange rate that has weakened since the beginning of the year. Consumer price growth is starting to be affected by the VAT increase scheduled to take effect from 1 January 2019. According to Bank of Russia estimates, most inflation indicators reflecting the most sustainable price movements are growing.

The price expectations of businesses increased, triggered by the weakening of the ruble which took place since the beginning of the year and the forthcoming VAT rise. Household inflation expectations rose in November. Uncertainty persists over their subsequent movements.

The Bank of Russia’s forecast assumes consumer price growth rate at 3.9-4.2% by the end of 2018. The VAT hike and the weakening of the ruble that took place in 2018 are expected to trigger a temporary acceleration in annual inflation, which will peak in the first six months of 2019 and run at 5.0-5.5% by the end of 2019. Quarterly year-on-year consumer price growth will draw close to 4% as early as the second half of 2019. Annual inflation will slow down to 4% in the first half of 2020 when the effects of the ruble’s weakening and the VAT rise peter out. The increase in the key rate is proactive in nature and will help limit the risks of firm inflation anchoring at the level significantly exceeding the Bank of Russia’s target. The forecast takes into account the Bank of Russia’s decision to resume regular foreign currency purchases in the domestic market under the fiscal rule from 15 January 2019.

Russian economic growth slowed down slightly, remaining close to its potential. In 2018 Q3, annual GDP growth slipped to 1.5%, consistent with the Bank of Russia’s forecast, mostly due to the high base effect in agriculture. Industrial output continued its annual growth in October with sectoral trends remaining mixed. Consumer demand growth slowed down, as compared to previous months. Its expansion is largely based on the non-food sales. Investment activity continued to rise in the third quarter. The Bank of Russia keeps unchanged its 2018 annual

Searching this should get you there! . Is China poised for an electric vehicle revolution? Caleb Maupin has some answers!

investinrussia web site ,Metals and Mining ,NON-FERROUS METALLURGY:
NICKEL

''The Battery Cycle – Setting the Record Straight''
December 12, 2018
in Technology Metals Edition Insight
By Anthony Milewski, Chairman, Cobalt 27

well he would say that wouldn't he!

''Cobalt 27 Capital Corp.is a leading electric metals investment vehicle that offers exposure to metals integral to key technologies of the electric vehicle and battery energy storage markets''

........ the price dropped to 0.25 pence!

RY held it together & pulled it back!

''- Why are LME Nickel stocks falling as well as prices? Trump/Brexit causing uncertainty. ''

Trump/Brexit?
Simple... If you want to reduce stock...you drop the price!...and it seems to be working!

You'd've thought EVs n all that...that someone would've snapped up ALL of the overstock months ago!

search ''Do sanctions against Russia work?''
Sanctions have knocked 6 percent off Russia's GDP since 2014, a Bloomberg report noted recently.

Lower oil prices have hit the economy, but sanctions are the "bigger culprit," the report said, adding that Russia's economy is over 10 percent smaller compared with what might have been expected at the end of 2013.

2p range Ocxtober 2016!

''Russia hopes for IPO renaissance after worst year in a decade''

Russian companies remain committed to planned stock market listings in 2019, sources and bankers say, despite the country's worst year for equity sales in a decade.

At least 10 Russian companies, ranging from petrochemicals giants to real estate and health businesses, had been lining up at least $4 billion worth of initial public offerings (IPOs) this year in Moscow and, in some cases, London.

But none have come to pass and 2018 will be the first year in a decade without a single Russian IPO.

"This year was marked by an increase in U.S. interest rates ... It triggered big outflows from emerging markets starting from May," said Dmitry Brodsky, head of equity capital markets for Russia and CIS at Russia-focused investment bank Renaissance Capital.

"Quite a lot of companies continue to study the market or prepare to tap it ... If the markets reverse, they could be ready in four to eight months."

But for all the plans and hopes, the outlook remains clouded as U.S. sanctions against Russia and wider economic concerns that have hammered emerging markets continue to weigh heavily on corporate Russia.'''......
''The United States has also promised a fresh sanctions package, known as the "bill from hell", designed to punish Moscow for what Washington described as malign activity and other international actions that Russia has denied.''

The russians should make investment easily available to the world public

Nolosstillsell.. its the rewiring of 'our' country that will be the put off here...and elsewhere unless they don't mind power cables dangling above the streets where phone lines of yore used to be..

New Nissan LEAF Acenta
Prices Range from £26,190
Recommended on the road price includes VAT rate of 20% and £3,500 government incentive.

And just as lecky cars have come down so will hydrogen..I just have little read as ''NO'' faith in governments rewiring our or any country it would be easier to swap over perol stations to hydrogen.

If lecky cars are such as they are hyped up to be why is the nickel price back down to $5 and why is there altho halved still a lot of nickel in stock??

''The vehicle utilises a fuel cell to produce electricity. That in turn powers an electric motor, while also storing energy in a 1.6 kWh nickel metal hydride battery. The Toyota Mirai has a range of 404 miles, this is the largest range ever achieved from a production hydrogen car. '' ...and it still has a largish battery..the tesla 3 has.50 or 62 or 75 kWh (180 or 220 or 270 MJ) Lithium ion[2]..you have to ask wheres is all that nickel going to come from...

''The battery boom to attract $620 billion in investment by 2040''

''Its all moving much faster than we think.''

....by 2040??

meanwhile the nickel price @$5 will have to increase by 40+% to get us back to where we were a 5 months back..
It will be interesting to see what happens when the warehouse levels drop even further... but you'd've thought prices would remain higher and still drop..but that has not been the case..
And then there are sanctions... which don't look as tho they are going to go away... and Hydrogen as I saw on the news this a.m.!
''Hydrogen-powered cars that emit just an occasional splash of water need to be a more common sight on the UK's roads if the government is to meet its climate change targets, an influential committee has concluded. ...A full tank of hydrogen can provide a range of around 300 miles in Toyota's Mirai models - billed as the electric cars you don't need to plug in.

Despite the £60,000 price tag the car manufacturer is confident they can scale up production and usage in the coming years in a similar way their Prius model pioneered hybrid vehicles.

The UK's network of refuelling stops is slowly being built with hydrogen already available at Beaconsfield services on the M40 and Cobham on the M25.''

what do we expect..
if nickel price falls to $7 the price is going to have to increase by 50% to get us back into the $7s+

''4) I think it possible that an NDA is currently in place and that a spate of news will come " in the near term"

If I had a penny...

When the EV thing became popular AMC down played it..they said in the FAQs that considering the amount of Nickel needed for a battery Amur's total nickel in the ground would from what I recall supply batteries for 2 years global car production!

Since then EVs have become fashionable the new green thing for the politicians to tout...and AMC now talk about them. theres a young kiddie near me with a Leaf.. he parks on the street... I have no idea how he charges it..
Watching James May last night...Fuel cells may be the better way to go or both