Production of 272 million tons of nickel in 2024 could fall to 150 million tons in 2025. The electric car industry in particular needs nickel for battery production, especially for batteries with a high energy density. According to an analysis by Benchmark, the nickel market is expected to have a deficit of just under 840,000 tons by 2034. The electromobility market is growing rapidly and huge investments would be needed to avoid supply bottlenecks. And the development of new mines takes five to 25 years. There are therefore voices that consider the supply chain for electric cars to be at risk. After all, more and more countries want environmentally friendly technologies. Indonesia has now increased mining levies for nickel producers (among others), which is unlikely to please them. A tonne of nickel currently costs around 15,400 US dollars, although prices have already been significantly higher, but this could change again.

One company that focuses on nickel is Green Bridge Metals – https://www.commodity-tv.com/ondemand/companies/profil/green-bridge-metals-corp/ -. The Chrome Puddy project in Canada focuses on environmentally friendly mining practices.

The same applies to Canada Nickel Company’s – https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ – Crawford project. This project is located in Ontario and contains cobalt and nickel.

Current company information and press releases from Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -) and Green Bridge Metals (- https://www.resource-capital.ch/en/companies/green-bridge-metals-corp/ -).

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