Post by
Steven115pp on Jul 07, 2022 9:29pm
Nickel demand by the EV industry
Some food for thought I do a lot of research on low grade nickel mines around the world and one of the mines CNC lists on its updated resource report is Terrafame Nickel Mine. It has similar bulk tonnage - around 1 billion tonnes of nickel ore at an average grade of 0.22 %. This nickel mine just secured a parternship deal with one of the largest automotive manufacturers in Europe, Renault Group (46 billion in annual automotive sale revenue) . Terrafame will have an open pit nickel mine, process it and then manufacturer/produce the final battery product needed for Renaults growing EV fleet. Wake UP FOLKS !!! The missing link in the EV revolution is not the automotive companies or the battery factory plants / suppliers ITS the raw materials and CNC has a sh*t ton with their district play. The western autocompanies will need to lock down supply chains and it's only a matter of time before the massive low grade canada nickel mines start making deals ... JMO!
Comment by
EndZonefor7 on Jul 08, 2022 11:42am
Good scoop Steven. The clock is ticking on CNC to cut a deal.