Nickel Makes Up As Much As 80% of EV Batteries

Demand For Nickel

Source: https://www.ft.com/content/c4e075b8-7289-4756-9bfe-60bf50f0cf66

Demand for Nickel is Electrifying

The demand for nickel has been gaining steam for some time and shows no signs of slowing. Did you know that even back in 2006 the manufacturing cost of a single five-cent coin exceeded its face value? 

Fast-forward to 2017 where nickels cost about seven cents each to manufacture, meaning the US Mint lost $9.5 million on the 5 cent pieces. 

Now add in the current and future demand for EV batteries and consumption may even overwhelm production as soon as 2025. 

With the electrification of automobiles and the green movement coming on, we will see more demand for metals across the board. The movement in nickel is not a speculative move, it’s a 100% real move based on facts. 

As we move to a future global expansion, nickel will be even more valuable as its principal use is in stainless steel. It may even be considered undervalued from a demand standpoint. 

Elon Mask

“Nickel is the biggest challenge for high-volume, long-range batteries.” – Elon Mask

Better Process for a Brighter Future

Better Process for a Brighter Future

In our 2 nickel projects HARD NICKEL & NICKEL 100 GROUPS some nickel mineralization occurs as awaruite.

Awaruite is a naturally occurring nickel-iron alloy important in the manufacture of environmentally efficient batteries for the electric vehicle markets globally.

What’s more the extraction of this form of nickel will have a much lower environmental impact than traditional sources. It has the potential to make nickel mining carbon neutral. (1)

1: https://financialpost.com/business-trends/the-future-is-bright-for-nickel-exploration-due-to-a-commodity-price-super-cycle

Environmental Impact of EVs over Lifecycle

Source: https://www.visualcapitalist.com/lithium-cobalt-batteries-powering-the-electric-vehicle-revolution/

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