Canada Nickel Company Inc V.CNC

Volkswagen / Mercedes sign battery deals with Canada

[EndZonefor7]

https://financialpost.com/commodities/energy/electric-vehicles/volkswagen-lines-up-tariff-friendly-battery-supplies-in-deal-with-canada

[Rm90090]

Very interesting... does this mean they each will be building out a battery manufacturing plant? It almost seems like these companies are signing deals with the government of Canada for battery metals. But.. the government doesn't own the deposits, companies do. Trying to wrap my head around this.

[EndZonefor7]

RM, Canada government put up $8 billion for companies to advance their projects. Looks like we'll see soon whose the front runners. Government played matchmaker remember per last week article on critical minerals.

[idlefreebird]

rndzone, there coming to get us ...our governement will need to cut the red tape and get these projects in action...it's jobs it's GDP ...Timmins the largest Nickel district in the world after being the largest gold producer and the deepest copper mine in the world ..patience it's coming sooner than later..glta

[EndZonefor7]

Agreed idle, the writing is on the wall. No matter who gets the first pick it will light the fire on the entire sector and on key companies like CNC. Booyah !

[EndZonefor7]

Key statement: "As for why VAG picked Canada, Scholz said Canada has similar rich natural resources as Russia with the difference that it is a reliable democracy.

[idlefreebird]

endzone, lots of interest coming our way...these are the big players in the headlines and it seems to be daily ..Canada becoming the choice to invest there money in , they need the minerals as stated by Mark  before billions invested in building car plants ,battery plants and pre cursor plants and nothing in the minerals required to supply the above...you don;t make Koolaid without the