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Yeah I didn't really get it. It sounds like there's a lot of nickel, just not ... as much cheap nickel as we'd like? Or maybe as much as some people who own c
by Kadin 9y ago
Yeah I didn't really get it. It sounds like there's a lot of nickel, just not ... as much cheap nickel as we'd like? Or maybe as much as some people who own certain nickel mines would like? I'm not sure.
It's like any other nonrenewable resource; there's going to be an extraction cost that increases over time as the easily recovered deposits are used up.
But unlike oil, which can only be used once and is then gone forever, nickel and other metals get brought out of the earth and into circulation, and can then be used over and over. So the price of both recycled and virgin nickel will increase until demand is met.
I'm curious when it starts to become advantageous to mine old landfills for all the stuff we used to throw away and not recycle...
- giomasce 9y agoI am curious of that too; however, given that it does not happen yet (or, at least, so I think), I am brought to believe that it is not that easy, or at least not easier than mining ores (which still requires some degree of purification). That probably also applies to using the cheap nickel mentioned by the grandfather comment: it is not necessarily easy to purify it.
- Dylan16807 9y agoIt might cost mere pennies, but mining happens to be cheaper. It's hard to imagine it being prohibitively costly.