Axiom Mining is an ideal play for Nickel Laterite story – Beaufort Securities
Charlie Long, Resources Analyst at Beaufort Securities details the the emerging green shoots of the resurgent nickel prices/industry and cites Axiom Mining as the ‘way to play the Nickel Laterite story’. He is interviewed by Tip TV’s Zak Mir.
Key points
LME inventory is coming down
Philippines Government closing nickel mines that have breached environamental standards is likely to result in supply deficit
Politics surrounding nickel laterite exports is the major news to be watched over the medium-term