In this InvestorIntel interview, Byron W King talks to Power Nickel Inc.’s (TSXV: PNPN | OTCQB: CMETF) CEO Terry Lynch about the current nickel market. With an annual growth rate of 6%, Terry discusses how the stainless steel market continues to be the top driver for nickel demand.
As the metal of choice for lithium-ion batteries, Terry discusses how electrification will also have a huge impact on nickel demand. With access to low-cost and low-carbon hydropower, Terry explains how Power Nickel’s NISK Project in Québec is positioned to be one of the lowest cost and environmentally friendly sources of high-grade nickel in the world.
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About Power Nickel Inc.
Power Nickel is a Canadian junior exploration company focusing on high-potential copper, gold, and battery metal prospects in Canada and Chile.
On February 1, 2021, Power Nickel (then called Chilean Metals) completed the acquisition of its option to acquire up to 80% of the Nisk project from Critical Elements Lithium Corp. (CRE:TSXV)
The NISK property comprises a large land position (20 kilometers of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding its current high-grade nickel-copper PGE mineralization Ni 43-101 resource with a series of drill programs designed to test the initial Nisk discovery zone and to explore the land package for adjacent potential Nickel deposits.
To learn more about Power Nickel Inc., click here
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