Nickel is also an important metal for alloys and steel production. Nickel makes steel corrosion-resistant. It is also found in rechargeable batteries. Lithium is an essential component of these batteries and is thus used in every electric vehicle. In recent months, the USA has approved a lithium mine and granted another company a loan for the development of a lithium mine. Currently, there is only one facility in the USA. Although lithium prices have recently fallen and producers must reduce production or postpone expansions, the demand for lithium is definitely continuing to grow.
Century Lithium – https://www.commodity-tv.com/play/mining-news-flash-aurania-resources-century-lithium-meridian-mining-and-vizsla-silver/ – is making significant strides in Nevada for lithium supply. Lithium carbonate with a purity of 99.5 percent is already being produced in a pilot plant.
For cobalt and nickel, the Canada Nickel Company – https://www.commodity-tv.com/play/mining-news-flash-with-uranium-energy-canada-nickel-miata-metals-and-endeavour-silver/ – is very well positioned. The flagship project Crawford is located in Ontario’s Timmins Nickel District and is 100 percent owned by the Canada Nickel Company.
Current company information and press releases from Century Lithium can be found at (- https://www.resource-capital.ch/de/unternehmen/century-lithium-corp/ -) and from the Canada Nickel Company at (- https://www.resource-capital.ch/de/unternehmen/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 companies mentioned, thus creating a potential conflict of interest. No guarantee is given for the translation into German. Only the English version of this news applies.
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