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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 divitmon Aug 25, 2022 10:31am
169 Views
Post# 34919677

Australia and Glencore

Australia and Glencore Not that we would benefit from contracts going to Australia but this is a positive statement from Glencore VP.

Glencore Nickel vice president Jason Cooke says demand for battery minerals appears to be headed in one direction. "By 2050, we see demand for nickel and cobalt quadrupling from today and we also see the need for supply of copper and zinc to double by 2050," Mr Cooke said. "So, basically, we see strong demand for all of those minerals in the future." According to Mr Cooke, big investments are going to be needed to ensure supply can keep pace with the rapidly increasing use of battery minerals. Although he said there were no specific plans, he confirmed Glencore was looking for ways to boost supply through upgrades to its existing operations or the possible acquisition of new ones.
https://www.abc.net.au/news/2022-08-25/can-lucky-country-australia-become-a-battery-mineral-superpower/101358050
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