Metals and Mining Insights: Getting to the Bottom of the NPI Ceiling on the Nickel Price Nov7

Posted by & filed under Investing, Mining, White Papers/ Thought Pieces.

Nickel spiked to over $50,000 per metric ton (“tonne”) in May 2007, rising 10 fold from its earlier decade lows.  That spike marked the beginning of Chinese involvement in the production of a simple but new nickel pig iron (“NPI”) product that has since placed a seemingly ever lowering ceiling over the nickel price

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