Nickel is also a key raw material for the energy and transportation transition. Nickel is also used in stainless steel production. The largest quantities are mined in Indonesia, which also has the largest known nickel reserves in the world. Nickel mining in Indonesia pollutes the environment, and coal is usually used for further processing. And there is an export ban on nickel ore in Indonesia. For reasons of sustainability and market economy, a higher recycling rate for lithium-ion batteries is being sought.
From 2030, this should initially be twelve percent for cobalt and four percent for nickel and lithium. So, there is still a lot of potential. It is encouraging for climate change in Germany that the share of renewable energies is repeatedly setting records. Lithium-ion batteries, which are used not only in electric vehicles but also in many portable devices, are used to store this energy.
The Canada Nickel Company – https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ – can provide supplies of cobalt and nickel for the steel market and the electromobility sector. Its notable Crawford project is located in Ontario and is wholly owned by the company.
Battery raw materials are the business of Green Bridge Metals – https://www.commodity-tv.com/ondemand/companies/profil/green-bridge-metals-corp/ – and the projects are located in Ontario and Manitoba. The Chrome Puddy project in Ontario covers an area of 1,450 hectares.
Current company information and press releases from Green Bridge Metals (- https://www.resource-capital.ch/en/companies/green-bridge-metals-corp/ -) and Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -).
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.
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