KWG Resources Inc C.CACR

Alternate Symbol(s): C.CACR.A | KWGBF

Metals & Mining Industrial Metals & Minerals

KWG Resources Inc. is a Canada-based exploration stage company. It is focused on acquisition of interests in, and the exploration, evaluation and development of deposits of minerals including chromite, base metals and strategic minerals. It is the owner of 100% of the Black Horse chromite project. It also holds other area interests, including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. It has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. It also owns 100% of Canada Chrome Corporation, a business of KWG Resources Inc., (the Subsidiary), which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Subsidiary has identified deposits of aggregate along the route and made an application for approximately 32 aggregate extraction permits.

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KWG Resources Inc > Bids @ .015 are almost gone.What's up next? .02 Bids???

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Comment by HaulJockeyon Sep 20, 2024 2:21pm

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Post# 36233609

RE:RE:RE:RE:Bids @ .015 are almost gone.What's up next? .02 Bids???

Wickjj wrote:
Hey there,

Let's clear up a bit of confusion. While stainless steel, an alloy containing nickel, is vital for building hydrogen infrastructure due to its corrosion resistance - it's not the primary driver of demand. That distinction belongs to nickel itself, which is the essential component of the electrolyzer's catalyst.

Chromite (an element in stainless) on the other hand, has no significant role in hydrogen production. So, while stainless steel is crucial for durability, and nickel is the key catalyst material, chromite's relevance here is minimal.

You're incorrect about the revelance of chromite in hydrogen production. The ideal stainless used in production of hydrogen (316L) contains 16%-18% chromium and 10%-12% nickel.

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