Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
wapoo | How is the violent unrest in New Caledonia impacting global nickel prices?, 22 May
[...]
The European Union has named nickel as a critical raw material, which means it is economically and strategically important for the European ['Green'] economy but is considered to have a high-risk associated with its supply importing it.

"Some of the discussion around France wanting to maintain its control over New Caledonia is motivated by its hopes to secure the large nickel deposits there, perhaps with an eye to future electric vehicle production," said Nicholas Ferns, a research fellow at Monash University in Australia.
[...]
New Caledonia's mining industry is STRUGGLING to compete against Indonesia, the world's largest nickel producer, due to decades of export restrictions and high energy costs that have made its nickel more expensive and less profitable to produce.
[...]
The French government has pledged to help maintain the territory's nickel industry operations with [climate finance?] SUBSIDIES.

archive Selling Nickel to China, Trudeau-Scholz "market case", March 2022 "black swan"
by Cat on Fri May 24th, 2024 at 05:10:10 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Occasional Series