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Nickel in batteries to take ‘significant’ market share – SPONSOR Tartisan #Nickel $TN.ca – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 4:38 PM on Thursday, June 18th, 2020

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

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Nickel in batteries to take ‘significant’ market share from 2023

  • “We see total nickel demand from the battery market (all end-uses) much higher than that with the ongoing trend towards higher nickel cathode technology in EVs,” Miller said.

By: Angela East

The rapidly growing demand for more nickel in electric vehicle (EV) batteries is expected to see the base metal take a much bigger market share in just three years.

“In terms of when the shift towards nickel intense cathodes starts to take effect, we expect batteries using high nickel cathodes (namely NCM 811) start to really develop significant market share from 2023 onwards,” Benchmark Mineral Intelligence analyst Gregory Miller told Stockhead.

NCM 811 has a chemistry make-up of 80 per cent nickel, 10 per cent cobalt and 10 per cent manganese.

For some time now, car and battery makers have been working to reduce the amount of cobalt that goes into their batteries because it is one of the most expensive parts and there is a shortage of the commodity.

“Some of this technology is just starting to filter into the industry now following many years of development yet it still faces technical challenges in being able to deploy into the EV market,” Miller explained.

“By increasing nickel in the cathode, you decrease the life of the battery (i.e. how many cycles you can put it through) and increase safety issues linked to thermal stability.

“This transition will be significant for the industry as demand grows, by 2035 demand could be roughly as big as the industry was in 2019.”

Major players like South Korean battery materials maker Posco are now producing cathodes with greater nickel content to meet demand for greater energy density and longer driving range in the next generation of EVs.

A recently completed 25,000-tonne-per-year plant expansion will mass produce cathodes with 65 per cent nickel content, Posco says.

Fellow South Korean battery maker Samsung says that nickel will make up more than 80 per cent of the cathode materials in its fifth-generation EV batteries when commercial production begins in early 2021.

While Wood Mackenzie is predicting demand for nickel sulphate from the EV market to reach around 800,000 tonnes a year by 2035, Benchmark Minerals Intelligence is expecting it to far exceed that.

“We see total nickel demand from the battery market (all end-uses) much higher than that with the ongoing trend towards higher nickel cathode technology in EVs,” Miller said.

“In Benchmark Minerals most recent quarterly nickel forecast we see nickel demand from lithium-ion batteries reaching 2,250,000 tonnes by 2035.”

Market could open up for multiple nickel products

Miller says it has been suggested that the rise of EV demand could result in a “bifurcation” of the nickel market, with a split between higher-grade nickel for the EV industry and lower-grade (mainly ferronickel and nickel pig iron) nickel to supply stainless steel mills.

But this all depends on the success of high-pressure acid leach (HPAL) operations being built in South East Asia.

“The history of HPAL operations is littered with technical and operational challenges, and if these projects fail to bring sufficient nickel units to market, a wider spectrum of nickel feedstocks may become economically viable in the production of nickel sulphate due to a higher price environment,” Miller explained.

However, the nickel sulphate market is expected to remain in oversupply for a few years yet.

“Benchmark Minerals forecasts the nickel sulphate market to remain in surplus until 2024, where we expect a deficit to emerge thereafter where rapid demand growth will set in as EV penetration rates rise quickly,” Miller said.

“This is likely to be exacerbated by increasing use of high nickel cathodes (NCM 811).”

Spurring a price rise

Although the nickel price is on an upward trend, it is still off the five-and-a-half-year high of $US18,620 ($27,097) per tonne it reached in September last year.

It currently sits at $US12,930 per tonne, only about 17 per cent higher than its recent bottom in March.

However, longer term Benchmark sees prices rising to between $US15,000 and $US20,000 per tonne as supply struggles to match the significant ramp up in demand from EV’s over the coming decade.

“Indeed, with the next generation of supply suitable for use in batteries set to come from capital intensive HPAL projects in South East Asia, a higher pricing environment will be necessary to incentivise both the development and operation of these projects.”

Source: https://stockhead.com.au/resources/nickel-in-batteries-to-take-significant-market-share-from-2023/

#Nickel set to pierce shaky macroeconomic outlook – SPONSOR Tartisan #Nickel $TN.ca – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 6:10 PM on Tuesday, June 16th, 2020

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

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  • Nickel will continue to outperform the base metals complex over the coming months, said Fitch Solutions in a report released last week.
  • “Speculative buying driven by nickel’s bright EV demand outlook has been the key driver of the metal’s positive price performance in recent months, while the breaching of a key resistance level this week suggests prices have further room to run over H219,” writes the reports authors.

(Kitco News) – Nickel will continue to outperform the base metals complex over the coming months, said Fitch Solutions in a report released last week.

“Speculative buying driven by nickel’s bright EV demand outlook has been the key driver of the metal’s positive price performance in recent months, while the breaching of a key resistance level this week suggests prices have further room to run over H219,” writes the reports authors.

Fitch noted that nickel prices have rallied over 20% year-to-date, while its base metals peers have all lost in value, placing the former as the only base metal in positive territory so far this year.

“As we pass the mid-point of the year, below we analyse why nickel prices have been significantly outperforming other base metals, despite a number of challenges in terms of fundamentals and on the macroeconomic front.”

Fitch says the price run up is due to antcipated electric vehicle adoption.

“We believe the main driver of the nickel price rally has been the sustained level of speculative buying – with non-commercial long positions on the rise so far this year – due to the metal’s ongoing allure as key demand-beneficiary among metals used in the growing EV battery market. While electric vehicle batteries still only account for less than 5% of total refined nickel demand, this figure is set to grow considerably over the coming years and investors are already placing bullish bets in anticipation.”

Fitch estimates that nickel will be in a deficit of 23kt this year, down from 51kt last year.

The authors caution that the larger macroeconomic environment could hamper a break out.

“The global macroeconomic environment has also worsened so far this year, which has led to negative sentiment for base metals generally. This deterioration is primarily down to the escalation of the US-China trade dispute and slowing growth in China, where manufacturing PMI’s have dropped below the all-important 50 mark in recent months. Were the conflict to escalate further in the coming months, nickel prices could be dragged lower in line with other base metals.”

Source: https://www.kitco.com/news/2020-06-15/Nickel-set-to-pierce-shaky-macroeconomic-outlook.html

Nickel supply concerns for #EV use heighten – SPONSOR Tartisan #Nickel $TN.ca – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 10:53 AM on Wednesday, June 3rd, 2020

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

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Nickel supply concerns for EV use heighten

  • Concerns over the availability of nickel for the battery sector increase from 2022, when electric vehicle (EV) growth picks up again after a period of weak consumer confidence caused by Covid-19
  • About 44% of respondents to a poll at the end of the webinar said nickel was the battery raw material with which they were most concerned about supply sufficiency between 2022 and 2025

By: Charlotte Radford

Concerns over the availability of nickel for the battery sector increase from 2022, when electric vehicle (EV) growth picks up again after a period of weak consumer confidence caused by Covid-19, according to a poll conducted during a Fastmarkets webinar. About 44% of respondents to a poll at the end of the webinar said nickel was the battery raw material with which they were most concerned about supply sufficiency between 2022 and 2025. In contrast, 16% of respondents said nickel was their primary concern in terms of supply disruption or insufficiency while Covid-19 plays out.

“Given the growth we see in EVs and the change in battery chemistries, it’s going to be very hard for nickel producers to keep up with strong forecast CAGR [compound annual growth rate] in the EV market,” Will Adams, Fastmarkets’ head of battery raw materials research, said during the webinar.

Battery chemistries are shifting in favor of high-nickel chemistries, which, subject to the required technological developments, provide greater driving ranges and reduce the need for cobalt per cell.

“The transition to nickel-rich batteries is going be a significant factor for nickel demand growth on top of going into a period of EVs becoming more mainstream, and on top of that, driving ranges increasing, which is going to require larger battery packs. So on three counts, nickel is a winner,” Adams said.

But in the near-term, the requirement for the class 1 nickel that is suitable for battery applications will be felt less acutely, and existing nickel stocks can provide a buffer.

Covid-19 and the economic downturn and uncertainty it has triggered is expected to cause weaker consumer confidence, which will negatively hit EV order books in the short term.

About 79% of respondents to Fastmarkets’ poll said Covid-19 would cause EV adoption to pick up at a slower pace than anticipated, or that there would be a short delay to growth before picking up again and following its previous growth trajectory.

“There will be a slower uptake in EVs, so that does mean demand for nickel in the short term might not be so great, and there might not be such a drawdown on stocks. But the other side of the equation and the longer-term issue is that these low prices are not providing the incentive to invest in the new production of class 1 nickel,” Adams said.

The three-month nickel price on the London Metal Exchange closed at $12,192 per tonne on Friday May 29, down from highs of $18,475 per tonne last September.

Investment has already started in some high-pressure acid leaching (HPAL) projects – which produce class 1 nickel from laterite ore – such as the Tsingshan Group’s joint venture in Indonesia. But more such investments will be required even while nickel prices are low in order to avoid a class 1 nickel shortage when EV usage picks up, Adams said during the webinar.
HPAL projects have a “checkered history,” in terms of their realized capacity and budgetary overruns, Adams added.

“We wait to see if these new HPAL ops come onstream in a timely manner, because that is what the nickel and EV market is going to need – these new HPAL operations, and more of them,” he said.  

Source: https://www.metalbulletin.com/Article/3934923/WEBINAR-Nickel-supply-concerns-for-EV-use-heighten-from-2022-poll.html

CLIENT FEATURE: Tartisan #Nickel $TN.ca Kenbridge Property Hosts M&I Resource of 7.14 Million Tonnes of 0.62% Nickel + 0.33% Copper – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 6:12 PM on Tuesday, May 12th, 2020
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Investment Highlights

  • Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
  • 17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property

Kenbridge Ni Project (ON, Canada)

  • Advanced  stage  deposit  remains open  in  three  directions,  is  equipped with a 623m  deep  shaft  and  has  never  been  mined
  • Preliminary  Economic Assessment completed and updated returned robust project 
    economics and operating costs including  a  NPV  of  C$253M  and  cash costs of US$3.47/lb of nickel net of  copper credits
  • Plans for Kenbridge include updating PEA, advancing the project through to feasibility and exploring the open mineralization at depth

Recent News

  • Company has completed a Spectral Analysis Survey
  • Survey covered the patented and single-cell mining claims that make up the historic land position which contains the Kenbridge Deposit and the surrounding area, identifying several new exploration targets not only for nickel, copper, cobalt, but also for potential gold occurrences
  • Analysis Survey shows the distribution and intensity of up to 304 minerals, with the first pass showing up to 16 minerals
  • Each mineral can be classified into an exploration relevance for base metals, precious metals and industrial metals

Tartisan CEO Mark Appleby said, “the survey picked out the Kenbridge Deposit, and has shown the possible extension to the Kenbridge Deposit and three additional trends that relate directly to underlying geology and structure implicit in the Kenbridge Deposit. Of significant interest, the survey found two gold trends as well, which include the Violet and Nina historic gold occurrences. One of the occurrences is almost 54 hectares in size and covers almost all of three of our staked claims on the border of the Kenbridge property.”

Industry News

INDUSTRY BULLETIN: Cobalt price, nickel usage limit damage to EV Metal Index

INDUSTRY BULLETIN: Nickel prices jump after Vale trims output target

INDUSTRY BULLETIN: Nickel prices get a boost from pandemic-driven ore supply tightness

INDUSTRY BULLETIN: Have the next crop of battery metals producers been oversold?

FULL DISCLOSURE: Tartisan Nickel Corp. is an advertising client of AGORA Internet Relations Corp.

CLIENT FEATURE: Tartisan Nickel $TN.ca Kenbridge Property Hosts M&I Resource of 7.14 Million Tonnes of 0.62% Nickel + 0.33% Copper – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 2:05 PM on Tuesday, April 21st, 2020
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Investment Highlights

  • Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
  • 17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property

Kenbridge Ni Project (ON, Canada)

  • Advanced  stage  deposit  remains open  in  three  directions,  is  equipped with a 623m  deep  shaft  and  has  never  been  mined
  • Preliminary  Economic Assessment completed and updated returned robust project 
    economics and operating costs including  a  NPV  of  C$253M  and  cash costs of US$3.47/lb of nickel net of  copper credits
  • Plans for Kenbridge include updating PEA, advancing the project through to feasibility and exploring the open mineralization at depth

Recent News

  • Company has completed a Spectral Analysis Survey
  • Survey covered the patented and single-cell mining claims that make up the historic land position which contains the Kenbridge Deposit and the surrounding area, identifying several new exploration targets not only for nickel, copper, cobalt, but also for potential gold occurrences
  • Analysis Survey shows the distribution and intensity of up to 304 minerals, with the first pass showing up to 16 minerals
  • Each mineral can be classified into an exploration relevance for base metals, precious metals and industrial metals

Tartisan CEO Mark Appleby said, “the survey picked out the Kenbridge Deposit, and has shown the possible extension to the Kenbridge Deposit and three additional trends that relate directly to underlying geology and structure implicit in the Kenbridge Deposit. Of significant interest, the survey found two gold trends as well, which include the Violet and Nina historic gold occurrences. One of the occurrences is almost 54 hectares in size and covers almost all of three of our staked claims on the border of the Kenbridge property.”

Industry News

INDUSTRY BULLETIN: Nickel prices jump after Vale trims output target

INDUSTRY BULLETIN: Nickel prices get a boost from pandemic-driven ore supply tightness

INDUSTRY BULLETIN: Have the next crop of battery metals producers been oversold?

INDUSTRY BULLETIN: The thematic case for nickel

Click Here to View Kenbridge 43-101 Technical Report

FULL DISCLOSURE: Tartisan Nickel Corp. is an advertising client of AGORA Internet Relations Corp.

Nickel prices jump after Vale trims output target – SPONSOR Tartisan #Nickel $TN.ca – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 9:15 PM on Monday, April 20th, 2020

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

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Nickel prices jump after Vale trims output target

  • Vale cuts 2020 output for nickel, copper
  • “Vale’s cut to production has supported the market but mines closing production is not too new as we knew some mines would shut,” said Commerzbank analyst Daniel Briesemann.

By Zandi Shabalala

LONDON, April 20 (Reuters) – Nickel prices jumped to their highest in more than a month on Monday after mining company Vale slashed its annual output target for the stainless steel ingredient due to the impact of the coronavirus pandemic.

Benchmark nickel on the London Metal Exchange (LME) was 4% higher at $12,520 per tonne at 1600 GMT, after earlier jumping to its highest since March 13 at $12,535.

“Vale’s cut to production has supported the market but mines closing production is not too new as we knew some mines would shut,” said Commerzbank analyst Daniel Briesemann.

“The negative impact of the virus is more severe for the demand side and the market could be well oversupplied this year.”

Vale, one of the world’s top producers of nickel, cut its 2020 production forecast for the metal to 180,000-195,000 tonnes from 200,000-210,000, excluding its unit in New Caledonia, because of the impact of the novel coronavirus outbreak.

Japan’s Sumitomo Corporation has also shut down output at a nickel mine in Madagascar while major nickel producer the Philippines closed some of its mines to curb transmission of the virus.

CHINESE DEMAND: Demand for nickel picked up slightly in March as China reopened its economy. Stainless steel futures surged as much as 4.4% on Monday.

2020 BALANCE: Despite the mounting supply cuts, a Reuters poll showed that the nickel market is expected to be in surplus of 89,000 tonnes this year.

CHINA ECONOMY: China, the world’s top metals consumer, cut its interest rate for a second time after its economy contracted for the first time in decades. The move – which was widely expected – is aimed at cushioning the world’s second largest economy against the impact of the coronavirus.

COPPER SMELTING: Global copper smelting slid in March, driven by shutdowns in China but started to recover at the end of the month, according to an index based on satellite surveillance of copper plants.

ALUMINIUM INVENTORIES: Aluminium stocks in LME-registered warehouses soared 46,275 tonnes, helping to lift inventories available to the market to 1.18 million tonnes which is the highest since Dec. 20. MALSTX-TOTAL

SPREAD: The discount of LME cash aluminium to the three-month contract CMCU0-3 was at $37.75 a tonne, reflecting expectations for oversupply.

Read More: https://www.reuters.com/article/global-metals/metals-nickel-prices-jump-after-vale-trims-output-target-idUSL4N2C82C3

Have the next crop of #battery metals producers been oversold? – SPONSOR Tartisan #Nickel $TN.ca – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 1:27 PM on Thursday, April 2nd, 2020

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

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Have the next crop of battery metals producers been oversold?

  • Could a large global recession as a result of the COVID-19 crisis alter the consensus long term outlook for battery raw materials like lithium, cobalt, graphite, nickel and copper?
  • No, says CRU Group senior analyst George Heppel. Irrespective of temporary recessions or market downturns, electrification of the global automotive sector remains “inevitable” in the long run.

By: Reuben Adams

Right now, COVID-19 is freezing the embryonic battery supply chain. But for the next crop of battery metals producers — impacted by the broader share market rout — ‘deals and discussions’ are very much continuing behind the scenes.

The short-term outlook for the lithium-ion supply chain, like everything else, is uncertain. Could a large global recession as a result of the COVID-19 crisis alter the consensus long term outlook for battery raw materials like lithium, cobalt, graphite, nickel and copper?

No, says CRU Group senior analyst George Heppel. Irrespective of temporary recessions or market downturns, electrification of the global automotive sector remains “inevitable” in the long run.

“Investment in e-mobility reduces CO2 emissions, improves air quality and will eventually make a huge amount of financial sense to the average consumer as battery costs decline and manufacturing scale ramps up,” he says.

The future remains bright for high quality battery facing stocks, especially those placed to take advantage of the next upsurge in demand in 2022/2023.

In the short-term, Heppel says the automotive sector – and EVs by extension – are experiencing a reduction in demand due to quarantine.

“Many consumers in key markets can’t leave their house for non-essential reasons right now, let alone buy cars,” he says.

“We have heard reports that 85 per cent of automotive manufacturing capacity in Germany is currently idle as a result of the pandemic.

“However, in theory this should create ‘pent up demand’ which is released when quarantines are relaxed.”

Ongoing economic uncertainty will also hinder attempts to push new battery metals projects into production in the short-term, Benchmark Mineral Intelligence analyst Andrew Miller says.

“As a result, the potential for a supply crunch over the coming years will increase – money needs to go into new expansions today to fuel the growth in EV production in 2022/23 onwards,” he says.

Battery focused nickel sulphide play Blackstone Minerals (ASX:BSX) agrees that supply will tighten due to the reduced funding into new projects going forward “which will reduce the supply of nickel (particularly from laterites) and only increase the gap between supply and demand”.

“Tread carefully, but I believe now is the time to be buying those mining stocks you’ve been watching for months,” Blackstone managing director Scott Williamson told Stockhead.

“I can’t see the junior battery metals miners getting any cheaper than they are today.”

EV ‘engine room’ China is rebounding already

As the “backbone of the EV market to date”, China’s apparent early economic recovery from COVID-19 will help support the battery supply chain, Miller says.

“What was meant to be the year battery demand diversified outside China may now see China play a more important role than ever before,” he says.

“There are also expectations that EVs will be included in the country’s stimulus efforts which could bolster the long-term outlook.”

China moving to insulate domestic #EV market as the country’s supply chain ramps back up following Q1 slowdown. More of these types of policies likely to follow over coming months: https://t.co/XUea3iteT5

— Andrew Miller (@amiller_bmi) March 31, 2020

Advanced explorer AVZ Minerals (ASX:AVZ) is driving the mammoth Manono project in the DRC toward a development decision.

As part of that process, it is aiming to lock in a lithium offtake and strategic investment deal with Chinese firm Yibin Tianyi.

Yibin Tianyi is set to become a key cog in the supply chain of Contemporary Amperex Technology (CATL), the world’s biggest lithium-ion battery maker.

In late March,  Yibin Tianyi signed a new five-year, 75,000-tonne-per-annum (tpa) offtake agreement with WA producer Pilbara Minerals (ASX:PLS).

AVZ managing director Nigel Ferguson told Stockhead the company had seen “increased and faster responses” out of the companies they were talking to in China over the last few weeks.

“They appear to be re-awakening after the significant lock downs there,” he says.

“OEM/car manufacturers are committed to their EV plans, and while the current events are certainly causing disruptions, I have not heard of any OEM changing its long-term EV growth plans.

“For AVZ, with our significant long-life, high-quality resource underpinned by the EV thematic, the future is very bright. Current share price values certainly do not represent that.”

Source: https://stockhead.com.au/resources/have-the-next-crop-of-battery-metals-producers-been-oversold/

The thematic case for #Nickel – SPONSOR Tartisan #Nickel $TN.ca – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 3:55 PM on Friday, March 27th, 2020

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

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The thematic case for nickel

  • Nickel has exciting long-term prospects as its use in electric vehicle batteries is expected to drive its demand growth in the future
  • This structural trend has, however, not immunised it against the recent headwinds facing industrial metals

By Mobeen Tahir, Associate Director, Research, WisdomTree.

Nickel has exciting long-term prospects as its use in electric vehicle batteries is expected to drive its demand growth in the future. This structural trend has, however, not immunised it against the recent headwinds facing industrial metals. Industrial metals are cyclical commodities and their performance is fuelled by global economic growth. The sector has therefore been under pressure from trade wars and, more recently, coronavirus. In this blog, we want to shift the focus back to nickel’s strategic case. We remain cognizant that the current storm is not over yet but expect a smoother sail once the existing headwinds subside.

Analysing nickel’s recent history

Nickel has strongly outperformed the industrial metals basket (composed of copper, zinc, aluminium and nickel) in the last 3 years (Figure 1). The sector has faced challenges since the advent of trade wars in 2018 both directly due to tariffs and indirectly via a resulting slowdown in global economic activity. Nickel too has had its share of price volatility during this time. The metal rallied sharply in July 2019 on the expectation that Indonesia, which produces a quarter of global nickel supply, will bring forward its nickel ore export ban by 2 years to January 2020. Indonesia announced this decision soon thereafter. Concerns of supply shortages drove the price in a market which was already in a deficit. Nickel’s fortunes reversed in the last quarter of 2019 as stainless-steel demand, which currently accounts for nearly two-thirds of the metal’s use, dwindled. The dynamics of the nickel market are however changing which is why we have an optimistic view of the future.

Source: WisdomTree, Bloomberg. Monthly data from 01/01/2017 to 03/01/2020. Industrial metals basket refers to the Bloomberg Industrial Metals Subindex.

Battery solutions to take a larger share of nickel

According to metal experts Wood Makenzie, battery solutions are expected to account for more than 30% of the total demand for nickel by 2040, up from around 4% today (Figure 2). This is because electric vehicles are forecasted to be around 50% of all passenger car sales by 2040, up from around 8% today. Batteries need to become more efficient to enable this growth and nickel is expected to play a pivotal role. According to the Nickel Institute, nickel-containing Lithium-ion batteries are powering the electric vehicle revolution as nickel in batteries helps deliver higher energy density and greater storage capacity at a lower cost. This will allow electric cars to have both a longer range, i.e. the ability to drive longer distances without requiring a recharge, and lower cost promoting wider adoption.

Now, the impact on price from demand growth can, in theory, be offset by an equal increase in supply. We, however, believe that supply growth will be much slower as, according to Wood Mackenzie, the average time for a new nickel mining project to start producing the metal is around 9 years. Miners will seek higher prices to be incentivised to undertake such projects.

Source: WisdomTree, Wood Mackenzie. Forecasts (F) from 2019.

It is uncertain how quickly the current headwinds facing industrial metals will dissipate. Having said that, the market dynamics of nickel are changing and the long-term outlook appears promising for the metal supported by a thematic shift towards electric vehicles which is being powered by nickel-containing batteries. With the nickel market already in a supply deficit, we expect growing demand to support its price in the long-term.

Source: https://www.etfstrategy.com/wisdomtree-the-thematic-case-for-nickel-etf-49595/

Tartisan Nickel Corp. $TN.ca Completes Spectral Analysis Survey over Kenbridge Nickel-Copper-Cobalt Deposit and Identifies New Exploration Targets $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 8:52 AM on Thursday, March 26th, 2020
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  • Company has completed a Spectral Analysis Survey conducted by Aster Funds Ltd. over the Kenbridge Nickel-Copper-Cobalt Deposit, Atikwa Lake Area, Ontario.
  • Survey covered the patented and single-cell mining claims that make up the historic land position which contains the Kenbridge Deposit and the surrounding area, identifying several new exploration targets not only for nickel, copper, cobalt, but also for potential gold occurrences.

Toronto, Ontario–(March 26, 2020) – Tartisan Nickel Corp. (CSE: TN) (OTC Pink: TTSRF) (FSE: 8TA) (“Tartisan”, or the “Company”) is pleased to announce that the Company has completed a Spectral Analysis Survey conducted by Aster Funds Ltd. over the Kenbridge Nickel-Copper-Cobalt Deposit, Atikwa Lake Area, Ontario. The survey covered the patented and single-cell mining claims that make up the historic land position which contains the Kenbridge Deposit and the surrounding area, identifying several new exploration targets not only for nickel, copper, cobalt, but also for potential gold occurrences.

The Spectral Analysis Survey shows the distribution and intensity of up to 304 minerals, with the first pass showing up to16 minerals. Each mineral can be classified into an exploration relevance for base metals, precious metals and industrial metals.

The Spectral Analysis Survey picked up several minerals implicit in the formation of nickel sulphide deposits, and potentially other types of deposits on the Kenbridge Property. These minerals included chlorite*, muscovite, quartz, epidote*, goethite*, smectite, pyrophyllite, pyroxenite*, pyrrhotite*, hematite*, alunite, chalcopyrite*, sphalerite*, pyrite*, talc*, and kaolinite*. Starred minerals in the list are those which are seen in outcrop, surface geology, and drill logs at the Kenbridge Nickel-Copper-Cobalt Deposit.

The key benefit to the Company from the Spectral Analysis Survey is the Target Vector Minerals analysis “TVM” TM. TVM’s were structured for metallic sulphides and the oxides that derive from them; gold; copper; and nickel, as well as direct indicators of Kenbridge-style mineralization in pyrrhotite and chalcopyrite. The Kenbridge Deposit was easily picked out by the survey, and shown to be some five TVM’s of a possible six TVM’s. The survey also picked out several other areas of five/six TVM’s and one area of six/six TVM’s. These areas will form the basis for a renewed surface exploration program at the Kenbridge Project in summer 2020.

Tartisan CEO Mark Appleby said, “the survey picked out the Kenbridge Deposit, and has shown the possible extension to the Kenbridge Deposit and three additional trends that relate directly to underlying geology and structure implicit in the Kenbridge Deposit. Of significant interest, the survey found two gold trends as well, which include the Violet and Nina historic gold occurrences. One of the occurrences is almost 54 hectares in size and covers almost all of three of our staked claims on the border of the Kenbridge property.”

Tartisan will use the Aster Funds Ltd. Report as the basis for assessment filing over the single-cell mining claims and will form the basis of expanding the exploration potential of the Kenbridge Nickel-Copper-Cobalt Project.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which owns a 100% stake in the Kenbridge Nickel-Copper Project in Ontario; a 100% interest in the Sill Lake Lead-Silver property located in Vankoughnet Township, Ontario; a 100% interest in the Don Pancho Zinc-Lead-Silver Project in Peru just 9 km from Trevali’s Santander mine. Tartisan also owns a 100% stake in the Ichuna Copper-Silver Project, also in Peru, contiguous to Buenaventura’s San Gabriel property. Company financial strength is provided by a significant equity stake in Eloro Resources Ltd, which is exploring the low-sulphidation epithermal La Victoria Gold/Silver Project in Ancash, Peru and the Iska-Iska project in Bolivia.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE:TN) (OTC Pink: TTSRF) (FSE: 8TA). Currently, there are 100,563,550 shares outstanding (103,263,550 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.

Jim Steel MBA P.Geo. is the Qualified Person under NI 43-101 and has read and approved the technical content of this News Release.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/53836

Tartisan Nickel Corp. $TN.ca Completes Spectral Analysis and SAR Surveys over Sill Lake Lead-Silver Project and Files Assessment Report $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 12:07 PM on Tuesday, March 10th, 2020
Tc logo in black
  • Completed a Spectral Analysis survey and a Synthetic Aperture Radar survey over the Sill Lake Lead-Silver Project, Vankoughnet Township, Ontario
  • The surveys covered all 22 single-cell mining claims as well as the four boundary-cell mining claims owned by the Company’s subsidiary, Canadian Arrow Mines Limited

TORONTO, ON / March 10, 2020 / Tartisan Nickel Corp. (CSE:TN)(OTC:TTSRF)(FSE:A2D) (“Tartisan”, or the “Company”) is pleased to announce that the Company has completed a Spectral Analysis survey and a Synthetic Aperture Radar survey over the Sill Lake Lead-Silver Project, Vankoughnet Township, Ontario. The surveys covered all 22 single-cell mining claims as well as the four boundary-cell mining claims owned by the Company’s subsidiary, Canadian Arrow Mines Limited.

The most abundant minerals on the Sill Lake mining claims were seen to be saponite, a clay mineral from hydrothermal alteration as well as orthoclase feldspar and kaolinite, the hydrothermal alteration product of orthoclase. Principal minerals characteristic of the lead-silver vein were determined to be galena and goethite. Galena is the principal ore mineral of the low-alpha lead on the Sill Lake Project, which goethite is the principal alteration product of sulphides like galena.

As the report notes, “In the centre of the Sill Lake Claims the lead-silver deposit and underground workings are located. The spectral analysis survey outlined a number of minerals spatially associated with the deposit. Using the Target Vector Mineral (“TVM”) overlap technique for the Sill lake Claims a number of areas of where three and four TVM’s overlaps were outlined. One area on the claims outlined a general north-south TVM lead-silver target zone from 65m to 190m wide and approximately 650m in length.”

The anomaly covers the northern trace of the mineralization and is centred on boundary cell mining claim 272137 and single-cell mining claim 297898, with a minor response on claim 206180. Another minor response on claim 204833, when plotted with the others, may suggest a separate structure oriented perpendicular to the principal trend of the Sill Lake lead-silver vein; and along the principal lithological contact between ultramafic intrusive rocks on the north and mafic volcanic rocks to the south, with conformable interbedded sedimentary rocks.

Tartisan CEO Mr. Mark Appleby said, “The survey showed us that there may be much more to the Sill Lake Lead-Silver Project than anyone previously thought. We plan to follow up the anomalies with detailed geological mapping and sampling this summer.”

The Company is pleased with the results of the survey and has requested Aster Funds Ltd to survey and report on the Kenbridge Nickel-Copper-Cobalt Project as well.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which owns a 100% stake in the Kenbridge Nickel-Copper Project in Ontario; a 100% interest in the Sill Lake Lead-Silver project, Vankoughnet Township, Ontario; a 100% interest in the Don Pancho Zinc-Lead-Silver Project in Peru just 9 km from Trevali’s Santander mine. Tartisan also owns a 100% stake in the Ichuna Copper-Silver Project, also in Peru, contiguous to Buenaventura’s San Gabriel property. The Company also owns a significant equity stake in Eloro Resources Ltd, which is exploring the low-sulphidation epithermal La Victoria Gold/Silver Project in Ancash, Peru as well as its recently acquired Iska Iska property in Bolivia.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE:TN; US-OTC:TTSRF; FSE:A2D). Currently, there are 100,403,550 shares outstanding (103,103 ,550 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.

Jim Steel MBA P.Geo. is the Qualified Person under NI 43-101 and has read and approved the technical content of this News Release.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

SOURCE: Tartisan Nickel Corp.