HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: 2017 not so good for nickel: BMI

Fahrenheit, thanks for posting the article.

What I found glaring in the article was this statement:

"nickel pig iron, from smelters in Indonesia coming online will reduce Chinese demand for more expensive refined nickel"

Perhaps the author of the article ...."forgot???" to note the following below???

https://en.wikipedia.org/wiki/Nickel_pig_iron

According to Canadian Sudbury nickel pig iron equals "dirty nickel", because the production process is not environmentally friendly, the carbon dioxide emissions being particularly high. China had imported most of the nickel containing ore from Indonesia and the Philippines, but as of Jan 2014 Indonesia has banned the export of ore. China imported 53 percent of the nickel ore from Indonesia in 2011.

http://www.un.org/sustainabledevelopment/blog/2016/10/paris-climate-agreement-to-enter-into-force-on-4-november/

New York, 5 October— The historic Paris Agreement to address climate change will enter into force on 4 November, the United Nations announced today.

http://unfccc.int/paris_agreement/items/9444.php

Look at the list below of countries that signed.

China signed Sept. 3, 2016

Indonesia signed April 22, 2016

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