Great news for the production capacities! Going forward it will be nice to see the output getting to or at the higher design levels..........Just too bad we are all looking at Nickel prices retracing again.

When you look at the historical nickel prices on the 6 month charts and then the LME inventory at the same 6 months, you can sure see the drawdown.... The price looked to be linked accordingly as 20,000 tons or so were pulled out, the price rose. But here we see the drawdown continue it's current trend, yet the price has dropped by nearly 3 bucks?

I wonder if the world mine outputs and or supply streams were/are hurrying to capture those >$10-11-12 ore prices and that has cooled the price rise to a degree? Then of course at a certain price level, cheaper sustitutes come into play and that cools the demand as well.... imho

We have definitely seen a healthy drop in price in just the last 30 days: