Among industrial raw materials, battery metals are particularly in demand, because the future cannot function without them.
According to the International Nickel Study Group, there is currently still a surplus supply of nickel. The supply from Russia is increasing, as is that from Indonesia. However, the economic outlook is improving, which should boost demand again. The nickel market should therefore grow in the coming years, even if the price is currently trending sideways. The metal is becoming increasingly important as a battery component. This is because vehicle electrification is on the rise and if more nickel is used, the range of electric cars will increase. Nickel is also used in the production of alloys and stainless steels. Even if a tonne of nickel is currently available for just under USD 16,000 and prices have already been significantly higher, the metal should be kept an eye on.
Cobalt is also indispensable for electric vehicles in the medium term. And the growth potential in the electric car market is huge, as the trend is clearly moving towards electric cars and larger, more powerful batteries. By the end of 2022, there were already more than one million registered electric cars in Germany. Incidentally, new registrations of electric cars in Norway amounted to more than 82% in 2023.
For example, Canada Nickel Company - https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ - owns nickel and cobalt at its high-quality Crawford project in Canada. The feasibility study is positive. Lithium, which is needed for the batteries, is of course an indispensable raw material when it comes to electromobility. Many experts are predicting a shortage of this raw material in the future.
Companies such as U.S. Critical Metals - https://www.commodity-tv.com/ondemand/companies/profil/us-critical-metals-corp/ - with lithium, cobalt and rare earths in the projects (in Nevada, Montana and Idaho) should be on the right track.
Current company information and press releases from U.S. Critical Metals (- https://www.resource-capital.ch/en/companies/us-critical-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.
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 applies: https://www.resource-capital.ch/en/disclaimer/
According to the International Nickel Study Group, there is currently still a surplus supply of nickel. The supply from Russia is increasing, as is that from Indonesia. However, the economic outlook is improving, which should boost demand again. The nickel market should therefore grow in the coming years, even if the price is currently trending sideways. The metal is becoming increasingly important as a battery component. This is because vehicle electrification is on the rise and if more nickel is used, the range of electric cars will increase. Nickel is also used in the production of alloys and stainless steels. Even if a tonne of nickel is currently available for just under USD 16,000 and prices have already been significantly higher, the metal should be kept an eye on.
Cobalt is also indispensable for electric vehicles in the medium term. And the growth potential in the electric car market is huge, as the trend is clearly moving towards electric cars and larger, more powerful batteries. By the end of 2022, there were already more than one million registered electric cars in Germany. Incidentally, new registrations of electric cars in Norway amounted to more than 82% in 2023.
For example, Canada Nickel Company - https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ - owns nickel and cobalt at its high-quality Crawford project in Canada. The feasibility study is positive. Lithium, which is needed for the batteries, is of course an indispensable raw material when it comes to electromobility. Many experts are predicting a shortage of this raw material in the future.
Companies such as U.S. Critical Metals - https://www.commodity-tv.com/ondemand/companies/profil/us-critical-metals-corp/ - with lithium, cobalt and rare earths in the projects (in Nevada, Montana and Idaho) should be on the right track.
Current company information and press releases from U.S. Critical Metals (- https://www.resource-capital.ch/en/companies/us-critical-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.
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 applies: https://www.resource-capital.ch/en/disclaimer/
