Nickel: Two companies hot on the heels of the next big discovery
RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week.
In this episode Peter discusses the nickel industry. This year began with the nickel price creeping over $20,000 per ton. By March a massive short squeeze pushed the price over $50,000 per ton; the price has now settled to $25,000 per ton.
Demand growth for nickel in stainless steel and lithium-ion batteries is a long term positive for the commodity.
Peter talks to two active exploration companies hot in the heels of Australia’s next nickel discovery.
The group discuss a range of topics including NickleSearch’s leading edge geochemistry technology, commencement of drilling at NickelX’s Cosmos South and more!