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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

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.


TSXV:CNC - Post by User

Post by IgnacioCashmereon Sep 25, 2024 12:14am
152 Views
Post# 36239633

Future of nickel in EV demand

Future of nickel in EV demandIn 1917, there were more electric cars in NYC than ICE, 3 EV for every 2 ICE. Who would have predicted soon there would be zero EV at that time? We dont know which technology wins or why, thats why its foolhardy to predict which battery technology with which elements prevail. So we dont know how much nickel is needed for EV in 10 20 or 30 years. Its not just consumer choice, it is also political & dependent on advances in battery tech. A political mandate could not only force EV but also subsidize one type over all others. Theres a boatload of examples of Experts predicting which new technology will surpass all others & the Experts being totally wrong. So we dont know if we need 10 Crawfords for battery consumption, its way too soon. This is why Buffet & so many other tycoons stay away from picking a winner & technology & instead watch the game to see who wins. Hybrids are the consumer choice right now because they are the most practical. But government mandate could easily eliminate the choice of hybrids. The advances in battery technology are happening fast. I would not bet the farm on lithium, nickel or sodium because absolutely no one knows where we will be in 15 years. Lets get Crawford built, then the proof of concept exists for putting a value on Reid & the Mega Monster Mann. I like Mark's optimism but the new Honda plant in Ontario i read needs 8,000 tons of nickel per year at full capacity. Thats not a life changing number.
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