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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Post by EndZonefor7on Aug 26, 2020 11:27am
372 Views
Post# 31455501

Elon Musk’s Tesla dominates US EV sales/ metals he needs

Elon Musk’s Tesla dominates US EV sales/ metals he needs

The Model 3 is Tesla’s most affordable EV at a retail price of $73,900 and requires 50kg of nickel, 4.5kg of cobalt, and approximately 130lbs of copper, according to reports.

Model 3 sales in Q1 for the US market would have accounted for 172 tonnes of cobalt, 2,260 tonnes of copper, and 1,915 tonnes of nickel.


Tesla’s total EV sales in the three-month period would require 321 tonnes of cobalt, 4,208 tonnes of copper, and 3,568 tonnes of nickel.

https://stockhead-com-au.cdn.ampproject.org/c/s/stockhead.com.au/tech/elon-musks-tesla-dominates-us-ev-sales-and-these-are-the-metals-he-needs-more-of/?amp


 

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