Anthony discusses the shift in battery chemistry and how companies have gradually reduced the amount of cobalt and manganese in their batteries while increasing nickel. This chemistry requires time, capital, and safety reviews. There will be tremendous pressure placed on class one nickel soon as more EV’s get adopted. A lot of capital is needed in nickel, and much higher nickel prices will be necessary for investment to enter the space. He discusses Nickel 28 and how they are working on what will be a large pure nickel play on the TSX.
Courtesy of Palisade Radio
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