Monday, August 19, 2019 10:51:07 PM
New mines are not being developed and so global stockpiles are dwindling. Forecasters like Wood Mackenzie are predicting a pretty substantial nickel supply crunch in the mid-2020s. As a result automakers are now staffing up their own battery metals procurement teams and are signing direct contracts with mining and chemical supply chain players.
So do not be surprised to see Australian Mines LTD (AMSLF)sign off take agreements soon for their remaining mines because they are a hot commodity right now and in the future.
https://stockhead.com.au/resources/carmakers-battery-manufacturers-are-calling-nickel-companies-direct-as-supply-shortfall-looms/
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