Potential for a nickel supply gap
Morgans Financial Limited
Morgans Financial Limited
Potential for a nickel supply gap? It's more a matter of when and not if the nickel price will improve. We attended the Paydirt Nickel Conference in Perth last week and the mood was upbeat thanks to the Indonesian nickel ban clouding the outlook over longer term cheap nickel supply. It's apparent that the Chinese pig iron producers have built reasonable stockpiles but that can only last so long before they'll need to re-stock. In the meantime the high barriers to entry for nickel projects and a lengthy approval process for Indonesia's new nickel smelting infrastructure could see a supply gap of 1-3 years. View our preferred pure play nickel producers to take advantage of any price rise: (VIEW LINK)
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Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
Morgans Financial Limited
Stockbroker
Morgans Financial Limited
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
Morgans Financial Limited
Stockbroker
Morgans Financial Limited
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
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