2 Weeks of Nickel news
May News:
May 1:
European Union’s Green Deal goal will require 100% more nickel and 330% more cobalt.
May 2:
Canada and Ontario are jointly investing more than $1 billion to help Stellantis retool its Canadian auto plants to make electric vehicles. (In March, Stellantis and LG Energy Solutions also announced a joint $5 billion investment to make the first large-scale EV battery manufacturing plant in Canada.)
May 3:
U.S. to spend more than $3 bln on EV battery manufacturing.
Ottawa has “put their chips on the table”
Industry stakeholders, experts applaud feds’ critical minerals spending.
“the association has estimated it will take about eight more nickel mines just to maintain Canada’s market share.”
May 4:
There are “very active discussions with a number of players” to develop an EV supply chain, Industry Minister Francois-Philippe Champagne said in an interview last week.
“he spoke to representatives of Volkswagen last week, and has recently talked to executives from companies in the United States, Japan and Korea.”
May 5:
BHP Group’s unsuccessful attempt to buy a junior Canadian nickel miner last year should be seen as “almost the tip of the iceberg” for its ambitions in the resource-rich country.
“The world’s biggest mining company sees nickel as one of three “future-facing commodities” — along with copper and potash — and has set up its exploration and business development team in Canada,”
May 6:
Brazil's Vale signs long-term deal to supply Tesla with nickel
May 10:
Canada Nickel Announces New Nickel Discovery at Reid with Larger Footprint than Flagship Crawford Property Main Zone
Elon Musk says Tesla open to buying a mining company
May 12:
Canada Nickel Takes Important Step in Crawford Nickel Project Permitting Process
May 13:
Canada Nickel is holding public engagement sessions on Friday, May 13 from 11 a.m. to 1 p.m. and Monday, May 16 from 6-8 p.m.
“When brought into production, it will be the largest base metal mine in the country and the world's fourth largest nickel sulphide deposit.”
From Idlefreebird:
“As per presentation on webinar new mine life
will be 40 years compared to PEA 25 year due to present drilling.”