Normal
So nickel first, Iron ore next for all Australian based mining affected by net zero, and the whole range of taxation/crazy extra costs added etc.What happened with nickel will happen with IO in Africa. As for coal, the Qld gov is making sure it is killed.Germany economy was powered by cheap Russian gas, after the US had the pipes blown and boycotts, they moved to US gas, shipped which is 7 times more expensive and with no secured contract.7 times which is collapsing their economy.So who is going to buy our virtuous nickel, IO for a premium?The US? ROLChina?Or India? Lol Stop it...lolMaybe as [USER=28038]@sptrawler[/USER] suggests, our own new subsidized battery factories?Which will produce green clean but expensive and outdated batteries, as we do not have the R&D ...And who will buy the overpriced virtuous batteries?Get the profit while you can on any Australian soil mining of common minerals.just added: rare resources like gold, rate earths, Uranium, etc will be less affected than plentiful geographically dispersed ones
So nickel first, Iron ore next for all Australian based mining affected by net zero, and the whole range of taxation/crazy extra costs added etc.
What happened with nickel will happen with IO in Africa. As for coal, the Qld gov is making sure it is killed.
Germany economy was powered by cheap Russian gas, after the US had the pipes blown and boycotts, they moved to US gas, shipped which is 7 times more expensive and with no secured contract.7 times which is collapsing their economy.
So who is going to buy our virtuous nickel, IO for a premium?
The US? ROL
China?
Or India? Lol Stop it...lol
Maybe as [USER=28038]@sptrawler[/USER] suggests, our own new subsidized battery factories?
Which will produce green clean but expensive and outdated batteries, as we do not have the R&D ...
And who will buy the overpriced virtuous batteries?
Get the profit while you can on any Australian soil mining of common minerals.
just added:
rare resources like gold, rate earths, Uranium, etc will be less affected than plentiful geographically dispersed ones
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