Tsingshan future plans 'scary' for nickel incumbents

MACQUARIE believes the “scary” news for nickel producers is not yesterday’s headline revelations from Tsingshan Holding Group about it supplying nickel matte to those in the battery sector, but rather the Chinese major’s production plans’ for the future.

Tsingshan future plans 'scary' for nickel incumbents Tsingshan future plans 'scary' for nickel incumbents Tsingshan future plans 'scary' for nickel incumbents Tsingshan future plans 'scary' for nickel incumbents Tsingshan future plans 'scary' for nickel incumbents

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.

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