Question on SulphidesFellow Stockhouse Mates,
A new article came out on Stockhouse that says only Nickel Sulphide Deposits create the type of Nickel that can be used on batteries:
"The current nickel market represents 2.25 million tonnes per annum. The market is beginning to bifurcate, however, only nickel sulphide deposits can produce the class 1 nickel that is suitable for batteries. Class 1 nickel represents just 50% of current nickel production."
On FPX's Website they say:
This deposit contains little or no sulphides, meaning it has little or no capacity to generate acid mine drainage.
My question is, does this mean the type of Nickel they have at Decar cannot be usedin batteries? It is interesting that some of the other Nickel juniors have been on a fire recently and seem to be beginning a bull market. FPX is obvsiuoly lagging. Could this be the reason, that their deposiut does not mean squat so to speak to the electric battery market?
Thanks for any insight.