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A junior mining stock plugged into the global nickel tailwind
Summary by themarketonline.ca
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1 Articles
A junior mining stock plugged into the global nickel tailwind
The transition to a low-carbon economy depends on minerals critical to the optimal functioning of clean technologies, and nickel sits near the top of the list, thanks to its strength, corrosion resistance and temperature resistance. Glencore estimates that demand will grow by 3.7x from 2019 to 2050 driven by the metal’s unique set of properties. Here’s a breakdown: Nickel is increasingly used as cathode material in lithium-ion batteries, improvi…
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