Noront Resources Ltd. V.NOT

Primary Symbol: NOSOF

Metals & Mining Industrial Metals & Minerals

Noront Resources Ltd is a mining company. It is engaged in the exploration, development, and acquisition of properties prospective in base and precious metals, which includes nickel, copper, platinum group metals, precious metals, chromite, and vanadium. The company's developmental project consists of Eagle's Nest nickel-copper-platinum-palladium deposit, deposits of high-grade chromite and copper-zinc volcanic massive sulphide deposits which are part of the company's McFauld's Lake Project. Its assets are located in the area known as the Ring of Fire in the James Bay Lowlands, Ontario.

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Noront Resources Ltd.

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Post by startenouton Sep 01, 2021 8:07pm

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Post# 33799018

Eagles nest nickle not for Tesla

Australian mining giant BHP Group recorded slightly lower June-quarter production as well, with primary nickel production slipping to 22,400 tonnes, about 1,500 tonnes less than in the second quarter of 2020.
The company announced July 22 that it signed a deal with Tesla to supply nickel from BHP's Nickel West mine in Western Australia.
The supply contract could involve upward of 18,000 tonnes of nickel annually beginning in 2022, Benchmark Mineral Intelligence estimated in a July report. The agreement is "the first public deal of its kind for a major Western automaker," Benchmark Mineral Intelligence said.
read full article here:https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/labor-disputes-floods-maintenance-dampen-nickel-output-in-q2-21-66201193?utm_campaign=Thought_Leadership_Research&utm_medium=Social&utm_source=Twitter

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