It is stainless prices that may suffer a bit long term. You still need the elemental nickel, and any process that will enable lower cost functional stainless will increase overall stainless demand and hence contained nickel demand. You may decrease the processing cost significantly but you still need the elemental nickel. I'd love a car that would not rust out if the stainless were cheap enough to process. I think this story is an old one and it may be somewhat negative to existing smelters but not to contained nickel.