Canada Nickel Company Inc V.CNC

Alternate Symbol(s): CNIKF

Metals & Mining Industrial Metals & Minerals

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.

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Canada Nickel Company Inc

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Post by CravingProfitson Mar 10, 2023 3:52pm

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Post# 35331584

BTV Business TV...

Happy Friday, Investors! Enjoy today's BTV - Business Television weekly update with stock market news and investment opportunities, covering Mining, Tech, ETFs, Bio, and more.

Canadians received some relief as the Bank of Canada announced that it will keep the key interest rate at 4.5%. This was expected as the BoC previously stated that it would not increase the rate. Some economists anticipate that the rate will remain unchanged for the rest of 2023, while the BoC monitors the economy's reaction.

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This week, the annual PDAC - The World's Premier Mineral Exploration & Mining Convention was held. While traditionally dominated by gold, this year's event had a strong emphasis on Critical Minerals, which is not surprising given the current industry focus. Held in Toronto, the conference is mainly focused on North American mining & the sector is expected to see an influx of investments due to the United States Inflation Reduction Act, leading to a continuation of the industry's boom.

The world's priorities are shifting towards electrification and Puralator is no exception. The company has pledged to invest $1 billion to electrify their Canadian delivery fleet by 2030, making it their biggest investment yet. This move aims to reduce greenhouse gas emissions by 80,000 tonnes of carbon dioxide equivalent by 2030.

The focus on Critical Minerals doesn't mean that gold is losing its appeal as it continues to be in demand. Read on for some exciting mining companies to watch and other market updates!