Do not forget nickel and lithium
According to the International Energy Agency (IEA), new technologies are not expected to be available until 2030 at the earliest, which could mean competition for the current lithium-ion batteries. But these potential energy storage media such as lithium sulfur, lithium metal solid state batteries, often contain lithium. Experts expect a significant increase in demand for lithium.
This should give lithium companies such as Millennial Lithium pleasure. Millennial Lithium, well financed, is working at full speed on the Pastos Grandes Lithium project in Argentina. The project will soon deliver around 24,000 tons of lithium in top battery quality.
The storage batteries required for electromobility contain lithium, cobalt, gold and silver, but in small quantities. Nickel is also a building block, and an important one at that. Nickel, which is also used in the steel industry, is estimated to be in demand around six times as much over the next decade as it is today. Nickel makes up the largest share of the batteries in Tesla vehicles.
A ton of nickel costs around 14,400 US dollars per ton, making it an expensive raw material. And then there is the fear that there could be bottlenecks in the supply of nickel. The Canada Nickel Company could help here.
The Canada Nickel Company has nickel and cobalt in its projects, with the Crawford nickel-cobalt project in Ontario being the flagship project - the twelfth largest nickel project in the world.
Current company information and press releases from Canada Nickel Company (https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/) und Millennial Lithium (https://www.resource-capital.ch/en/companies/millennial-lithium-corp/).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also