TRADE IDEA – LONG Canada Nickel Company Inc. (CNIKF)

by | Feb 9, 2021

Canada Nickel has launched wholly-owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt, and Iron and applied for the trademarks NetZero NickelTM, NetZero CobaltTM, and NetZero IronTM across several jurisdictions.

Junior miner Canada Nickel Co Ltd has held talks with U.S. government officials about potentially supplying nickel for electric car batteries, its chief executive said, amid mounting concern in Washington about China’s dominance of global supply chains.

U.S. Commerce Department officials held an introductory call in August with the miner to gauge its “ability to supply critical minerals, especially as it relates to EV batteries” and later offered an introduction to the U.S. Export-Import Bank credit agency, e-mails from the U.S. consulate general in Calgary show -Reuters

This is a nickel EV play.

CURRENT PRICE: 2.10