Member Info for Luke2

I reckon there might be an environmentally sound mine somewhere in Indonesia, or will be made to look as though it is.

Says to me Tesla realises there is a looming nickel supply crisis

https://electrek.co/2020/10/05/tesla-tsla-talks-indonesia-govt-nickel-venture/

https://insideevs.com/news/446962/elon-musk-tesla-enter-india-2021/

I call that goodness news, I call that good news, I call that good ....

If they could introduce a Tesla in All Creatures Great and Small it would be game set and match.

https://insideevs.com/news/446980/tesla-model-s-plaid-structural-battery/

https://www.mining.com/web/vale-in-talks-with-tesla-ev-sector-for-canada-nickel/

Well, what next?

You’ve chosen a lucky name, when I in Boohoo in the early days someone was Investing for his daughter Charlotte, I reckon he made £100,000.

Hi Dogberry

I think we have to accept it will be the bigger powerful vehicles that have nickel, but that is for the best in my opinion. It is nice to dream of nickel at $50,000 a tonne as it has been before, but that would somewhat extinguish the EV revolution.

Most new nickel mines need circa $20,000 a tonne, we make a profit at less than half of that thankfully.

Both mines can go for stainless steel though always an expanding market, should another new battery technology spring up. That though is probably at least a decade away in my humble opinion.

Vermelho needs to be moved along, hoping news lands sooner than later.

https://cleantechnica.com/2020/10/02/elon-musk-tesla-aiming-for-20-million-vehicles-year-by-2030/

https://cleantechnica.com/2020/10/03/france-sees-10-6-ev-market-share-in-september-4x-growth-year-on-year/

http://www.vale.com/china/EN/old-investors/information-market/press-releases/Pages/a-cvrd-iniciara-o-desenvolvimento-do-niquel-do-vermelho.aspx

Vale seemed quite chirpy (to use a technical term) about Vermelho in 2005.

Hi there welcome

https://www.nytimes.com/2006/09/25/business/worldbusiness/25canada.html

Vale bought Inco in 2006 so Vermelho really became a sideshow though they had spent several hundred millions proving its worth.

Rumour has it that by the time the stars were starting to align for nickel regarding EVs Vale had truly cheesed off the mining authorities ( this was even before their awful tailings dam disaster which cost hundred of lives) and they saw little chance of getting the permits renewed they needed. I don’t think though they had realised though what a boom was coming.

So they let it go for eight million.

https://cleantechnica.com/2020/10/02/tesla-delivers-record-139300-vehicles-in-3rd-quarter-new-graphs-chart/

https://electrek.co/2020/10/02/honda-is-quitting-formula-one-to-focus-on-fuel-cells-and-battery-evs/

https://insideevs.com/news/447070/tesla-acquires-bmw-mercedes-battery-assembly-line/

https://cleantechnica.com/2020/10/01/younger-workers-fleeing-oil-industry-some-may-work-elon-musk/

The world evolves, many a garage was opened by a blacksmith a hundred years ago or so.

https://cleantechnica.com/2020/10/01/september-in-norway-goes-off-the-charts-record-ev-market-share-of-82/

They look like they will need a fair bit of nickel to power them.

PS I think JM stood down as CEO of Erris a while back (still on the board) I presume to spend maximum time on HZM.

https://insideevs.com/reviews/445194/2021-new-electric-cars-confirmed-launch/

https://seekingalpha.com/article/4377121-nickel-monthly-news-for-month-of-september-2020

with thanks to twigs.