The Conversation (0)
Equitas Resources (TSXV:EQT; FSE:T6UN) was featured in a recent article from Zimtu Research titled “A Closer Look at Nickel” by Chris Berry
Equitas Resources (TSXV:EQT; FSE:T6UN) was featured in a recent article from Zimtu Research titled “A Closer Look at Nickel” by Chris Berry
As quoted from the article:
As contrarian opportunities go, nickel offers an interesting case study. Throughout much of 2014, nickel market participants were almost universally bullish based on the Indonesian government’s plan to ban exports of nickel-bearing laterite ore. Nickel ore exports from Indonesia account for approximately 15% of global supply, so any curtailment in exports would have a material effect on pricing. It was also believed that other metals including tin would follow suit.
One would think that those companies brave enough to be developing early stage nickel deposits at this point in the commodity cycle could fill the gap of lost production in coming years. This is of course all subject to a rebound in the nickel price. This rebound could commence as early as next year.
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