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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 Dec 01, 2023 6:23pm
246 Views
Post# 35764575

Red Alert for Nickel

Red Alert for Nickel Via Simon Moores at Benchmark Minerals: 


USA seeks to further isolate China from this global battery arms race with new regulation.

US sets 25% cap of Chinese ownership for the battery supply chain components.

Critical minerals, cathodes, anodes and other battery components will not be allowed to access IRA money if their suppliers are 25% or more owned by Chinese companies.

A red alert for LFP batteries, precursor materials (pCAM), high purity manganese sulphate, and graphite. 

A red alert for Nickel: 82% of Indonesia’s 2024 battery nickel output will be under majority Chinese ownership.


https://twitter.com/sdmoores/status/1730647677228966000

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