View full page at metalsmine.com

 

Sibanye-Stillwater says Indonesia’s “dirty nickel” will attact tariffs

From miningmx.com

MINERS of low carbon metals would be protected from the kind of supply shocks currently being seen in the nickel industry, said Sibanye-Stillwater CEO, Neal Froneman. Low cost nickel production from Indonesia, described in an article by Bloomberg News on February 26 as “near limitless” was “dirty nickel”, said Froneman. “It has a really bad carbon footprint and it’s not going to be nickel that’s used in batteries because you defeat the purpose,” he said in an interview earlier this month. “Tariffs will probably be introduced, penalties will be put in place, for material that has got a carbon footprint that’s ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis