RE:planning to supply the EU market.CrazyProphet wrote: Specific requirements are being formulated for certain EV battery raw materials, namely Lithium (Li), Cobalt (Co), Nickel (Ni) and Manganese (Mn). The focus on these battery raw materials reflects the importance that the Commission gives to Ni- containing EV battery technologies and the acknowledgement that these raw materials are an essential component for these batteries.
https://nickelinstitute.org/blog/2022/march/will-the-eu-s-proposed-battery-regulation-drive-the-global-esg-agenda-for-battery-raw-materials/
Class 1 nickel is in big demand and only growing ! Altius is obviously aware but you are correct there are very likely bigger plans behind scene !!!