Wow, I missed all these comments haha.
How is this even a debate.
If cost to produce is more than what it can be sold for the mine is not economic. Thats just opex. Once you consider the required capex to get to that point, a massive sunk cost, its even more clear.
Its not impossible that nickel/cobalt prices increase to what is required in future, however, its foolish for lenders to commit $1bn+ until then.
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| No. | Vol. | Price($) |
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