The Jakarta Post

The Jakarta Post provides an opinion piece on downstreaming potential for nickel. The author mentions the chaos in the nickel market and how prices have crashed over 40% from a year ago. They also mention that more than 60% of the global industry is losing money at current prices.

42%

The Daily's Verdict

This news site has a poor reputation for journalistic standards and is not considered a reliable news source.

Bias

70%

Examples:

  • There are also biases against electric vehicle battery technology which uses lithium iron phosphate (LFP) instead of nickel.
  • The site has a bias towards downstreaming of nickel. The author mentions that the nickel market is in chaos and many mines are at risk of closing or going bankrupt.

Conflicts of Interest

15%

Examples:

  • There are no clear examples of conflicts of interest provided in this article.

Contradictions

80%

Examples:

  • However, they also mention that prices for nickel have crashed over 40% from a year ago and more than 60% of the global industry is losing money at current prices.
  • The author mentions that the nickel market is in chaos and many mines are at risk of closing or going bankrupt.

Deceptions

30%

Examples:

  • However, they also mention that many mines are at risk of closing or going bankrupt.
  • The author mentions that prices for nickel have crashed over 40% from a year ago and more than 60% of the global industry is losing money at current prices.

Recent Articles

  • Nickel Industry Faces Financial Crisis Due to Increased Supply from Indonesia and Shift in Demand for Electric Vehicles

    Nickel Industry Faces Financial Crisis Due to Increased Supply from Indonesia and Shift in Demand for Electric Vehicles

    Broke On: Monday, 05 February 2024 The nickel industry is facing financial difficulties due to a flood of new supplies from Indonesia, resulting in a 40% crash in prices and a loss of money for over 60% of the global industry. Nickel's shift in demand as an ingredient for electric vehicle batteries has led to increased production from countries such as New Caledonia and Australia, but this surge in supply is causing problems for many mines.