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Canada Nickel Company, Talon Metals, Progressive Planet and American Manganese are some of the companies stepping up to meet growing demand from electric car makers
Nickel companies in North America got a shot in the arm after () CEO Elon Musk urged miners to produce more nickel, a key ingredient in the batteries that power the company’s electric cars.
“Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way,” Musk said on a post-earnings call last week.
Nickel makes batteries energy dense so cars can run further on a single charge, and Tesla needs the silvery-white metal as it looks to ramp up production of trucks and solar projects that use a lot of nickel.
READ: Progressive Planet reports anomalous nickel over a 500 metre strike length at Heffley…
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