Rising Nickel Mining Company $FNI closed at $0.68 today after being listed recently on May 25.
Located in Saskatchewan, Fathom Nickel is a junior resource exploration company targeting high grade nickel sulfide projects for use in the electric vehicle market. Their Albert Lake Project is host to many nickel mining camps including the Rottenstone Mine which is one of the highest-grade nickel mines in Canada at 3.23+% Ni.
The world is shifting towards electric transportation and a key component in EV batteries is nickel sulphate. Manufacturers are consuming more nickel currently straining nickel production, creating a MASSIVE supply demand imbalance. EV's act as a catalyst for nickel demand to grow globally by 2.6Mt Ni to 2040, up from only 92kt Ni in 2020.
I'll be loading up this promising junior miner early, and I'm excited for the future as they continue their drill exploration program of high-grade nickel deposits.