Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Leading Out in Sustainably Producing Nickel for Growing Steel Space
- A Fortune Business Insights report states that the global stainless steel market is projected to grow from $204.17 billion in 2022 to $298.85 billion in 2029
- Nickel is one of several components that form a powerful stainless steel alloy
- Canada Nickel is focused on sustainably producing the critical minerals needed for a low-carbon future
As the stainless steel market rebounds from COVID-19 slowdowns, Canada Nickel Company (TSX.V: CNC) (OTCQX: CNIKF) is working on advancing the next generation of high-quality, high-potential nickel-cobalt projects to deliver the metals needed to feed the high-growth stainless steel market. The company is particularly focused on sustainably producing the critical minerals needed for a low carbon future and operating in ways that support resilient local communities and minimize its environmental impacts (https://ibn.fm/tRr71).
A Fortune Business Insights report states that the global stainless steel market is projected to grow from $204.17 billion in 2022 to $298.85 billion in 2029, exhibiting a CAGR of 5.6% during the forecast period (https://ibn.fm/D8O9t); this increase comes after a decreasing demand during the…
NOTE TO INVESTORS: The latest news and updates relating to CNIKF are available in the company’s newsroom at https://ibn.fm/CNIKF
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