Geopolitics Puts Indonesian Nickel in the Crosshairs
Nickel will play a crucial role in global climate change efforts due to its use in batteries, particularly electric vehicle batteries and energy storage options. As the United States and other countries transition from traditional cars to battery electric vehicles (BEVs) and replace greenhouse gas-emitting fossil fuels with renewable energy, global demand for lithium is expected to explode.
However, geopolitics may complicate America’s transition to electric vehicles and hamper its vision for a carbon-free economy. For example, China has made significant investments in the supply chain for battery metals and…
NOTE TO INVESTORS: The latest news and updates relating to Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) are available in the company’s newsroom at http://ibn.fm/CNIKF
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