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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

Comment by Rm90090on Feb 08, 2021 5:33pm
172 Views
Post# 32507658

RE:RE:Nickel will be declared as a strategic metal

RE:RE:Nickel will be declared as a strategic metal

In Indonesia they made it so that the Nickel legally has to be processed within the country. They recognized that they had a major supply and they wanted it to benefit the economy from more than just a mining standpoint. 

If Canada did the same, then companies would need to make their battery factories in Canada as well. I Beleive Tesla already plans to make theirs in Nevada. But I think Ford already plans to make theirs in Ontario, Canada.

I worry that if there are too many obstacles or if the price of Nickel explodes - then companies like Tesla will actively endeavour to design Nickel out of the battery (like they are doing with the reduction of Cobalt). Whether they have the ability to do that or not is under debate.

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