Nickel – an important raw material for the future

Stainless steel products, alloys and also electric cars need nickel.

Investors in nickel need good nerves, because the nickel price has lost significantly in recent months. Hope is provided by the industrial metals index of the London Metal Exchange. The industrial metals have recovered somewhat overall. It is China’s weakening economy that is causing concern. And the uncertainties persist, the Chinese real estate sector is in crisis. The extent to which the government in Beijing will intervene seems uncertain, but to a certain extent measures are definitely being taken and confidence is spreading there. The Chinese purchasing managers‘ index for the manufacturing sector, which is positive, also provides confidence. In addition, infrastructure measures can be seen. A positive upward trend has been evident here for months.

In nickel supply, the low inventory levels are striking and surprisingly do not seem to be affecting the nickel price. After all, nickel inventories have not been as low as they are now since the fall of 2007. Nevertheless, nickel has taken the biggest hit among the industrial metals this year. The time would actually be ripe for higher nickel prices. This is because nickel, along with cobalt or lithium, is an important battery metal for electromobility and general electrification. Therefore, an enormous increase in demand for this metal is also predicted. Nickel is owned, for example, by the Canada Nickel Company or also Gama Explorations.

Canada Nickel Company – https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ – owns the Crawford project in Ontario, lithium and cobalt are in the ground.

Gama Explorations – https://www.commodity-tv.com/ondemand/companies/profil/gama-explorations-inc/ – takes care of lithium, nickel, copper and thus metals for renewable energies in Quebec, in British Columbia and in the Northwest Territories.

Current corporate information and press releases from Gama Explorations (- https://www.resource-capital.ch/en/companies/gama-explorations-inc/ -) and from 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/