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Tsingshan future plans 'scary' for nickel incumbents

Big increase output is 'massively bearish', says Macquarie

Michael Quinn
The energy metal's future is "scary"

The energy metal's future is "scary"

Tsingshan is aiming to raise its output from 600,000 tonnes this year to 850,000ttpa in 2022, and then 1.1Mtpa in 2024.   Such numbers are "massively bearish" for 2022 and 2023 nickel market balances,...

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