Fathom Nickel Inc C.FNI

Alternate Symbol(s): FNICF

Metals & Mining Industrial Metals & Minerals

Fathom Nickel Inc. is a Canada-based exploration company. The Company is targeting magmatic nickel sulfide discoveries to support the growing global electric vehicle market and to secure the supply of North American critical minerals. The Company has a portfolio of three exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: Albert Lake Project, Gochager Lake Project, and Friesen Lake Project. The Albert Lake property consists of approximately 90,000+ hectares, located within the Rottenstone Domain, which defines the western margin of the Trans Hudson Corridor. The Gochager Lake property, consists of 34 contiguous mineral claims totaling over 22,620 hectares. Its 10,000+ hectare Friesen Lake Project is located 40 kilometers (km) southwest of the historic Rottenstone Mine and 30km northwest of the Gochager Lake deposit.

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Fathom Nickel Inc

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Post by megacopperon Jun 23, 2023 8:26pm

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Post# 35512372

Article on Fathom Nickel

I found this very interesting. There is more nickel in a typical EV battery than any other metal. And as the article points out there is no substitute for nickel. More nickel is needed in these batteries to increase the storage capacity of the battery to increase the driving range of the vehicle. See the link below.

Specific to a typical EV battery (NMC532), the metals required are:

17 pounds of lithium carbonate
30 pounds of cobalt
44 pounds of manganese
77 pounds of nickel

Now consider how much extra nickel needs to be produced each year if indeed the International Energy Agency is correct in a report estimating some 150 million EVs will be on the road by 2030.

https://www.allpennystocks.com/spotlight/1097/fathom-nickel-inc

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