Bullboard - Stock Discussion Forum FPX Nickel Corp. V.FPX

Alternate Symbol(s): FPOCF

Metals & Mining Industrial Metals & Minerals

FPX Nickel Corp. is a Canada-based junior nickel mining company. The Company is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same style of naturally occurring nickel-iron alloy mineralization known as awaruite. It holds a 100% interest in five nickel properties, four of which are located in British... see more

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FPX Nickel Corp. > Dream on

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Post by Sasha11 on Mar 10, 2023 1:55pm

Dream on

Bloomberg – March 5, 2023
As for nickel — another key ingredient in EV batteries — Musk said it’s only needed for “aircraft, long-range cars or trucks.”
“The vast majority of heavy lifting” of EV batteries will be iron-based batteries, and there’s plenty of iron in the world, he said.

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Comment by thegreennugget on Mar 13, 2023 8:37am

Iron based batteries will be used in golf carts to go to the grocery store and thats it. The range of these batteries is only a couple of blocks. If you want to go any where or do any "heavy lifting" you will need a real battery with nickel. GLTA

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Comment by Sasha11 on Mar 13, 2023 7:14pm

I guess Elon got it wrong. Actually I think he was talking next generation EV. There is a fair number of new battery technologies coming, unfortunately for miners none of them include nickel or cobalt. Copper still needed for the grid.

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FPX Nickel Corp.