I think we indicated earlier that the market domination of China in its ability to both invest and oversupply the nickel market is a serious threat to the commodity price and, therefore, the competitiveness of Canada and Canadian nickel. At the same time, its investments around the world and its domination on the processing side mean that its market share is a direct competitor to Canadian nickel.
Yes, it's a significant competitive threat, not only for new opportunity, but for the mines and the refineries we have in the ground today.