RE: Stars aligning?1 Apr 2019 12:39
Nickel price also helped share decline, was around $11,000 something then, having declined sharply, about $13247 as we speak, expected to go the right way, if firms want nickel batteries.
Vermelho figures expected imminently which may have battery grade nickel and cobalt, mine currently valued about £8 million, Vale spent $200 million dollars on it, before they mothballed it when nickel prices were grim, years ago. Rumoured they did not progress Vermelho this time because they had upset the authorities and saw little hope in getting permits, sounds quite likely with recent tragic events.