Global Nickel Mining Market Size Forecasted to Reach $100 Billion By 2034 as Demand for Electric Vehicles Rises

FN Media Group News Commentary - The mining industry's increasing focus on sustainability and responsible practices is influencing nickel mining. Companies are adopting environmentally friendly processes to meet regulatory standards and consumer expectations. According to a recent report from Precedence Research said: "The global nickel mining market size is calculated at USD 56.42 billion in 2025 and is forecasted to reach around USD 100.29 billion by 2034, accelerating at a CAGR of 6.56% from 2025 to 2034. The Asia Pacific market size surpassed USD 30.81 billion in 2024 and is expanding at a CAGR of 6.65% during the forecast period. The market sizing and forecasts are revenue-based (USD MillionBillion), with 2024 as the base year. The global nickel mining market size accounted for USD 53.12 billion in 2024 and is predicted to increase from USD 56.42 billion in 2025 to approximately USD 100.29 billion by 2034, expanding at a CAGR of 6.56% from 2025 to 2034." It continued: "North America is set for swift expansion in the nickel mining market owing to a heightened need for nickel in electric vehicle (EV) manufacturing and renewable energy applications. The region's commitment to clean energy initiatives and carbon reduction fuels the demand for nickel, essential in EV battery production. Supported by favorable government policies, investments in sustainable mining methods, and advancements in mining technologies, North America stands as a pivotal player in the growing nickel mining sector on the global stage. The rapid expansion of the electric vehicle (EV) market stands as a pivotal catalyst, driving a surge in nickel demand. Nickel's indispensable role in electric vehicle batteries positions it as a cornerstone element in this burgeoning market. Projections from the International Energy Agency (IEA) indicate a noteworthy 41% increase in global electric car sales, surpassing 3 million units in 2020, underscoring the heightened nickel consumption associated with the EV boom." Active Companies mentioned in the article includes: First Atlantic Nickel Corp. (OTCQB: FANCF) (TSX-V: FAN), TMC the metals company Inc. (NASDAQ: TMC), Tesla, Inc. (NASDAQ: TSLA), FPX Nickel Corp. (OTCQB: FPOCF) (TSX-V: FPX), Power Metallic Mines Inc. (OTCBB: PNPNF) (TSX-V: PNPN).

Precedence Research continued: "Ongoing advancements in mining technologies have improved efficiency and extraction rates in nickel mining. These technologies contribute to increased productivity and cost-effectiveness. For instance, the utilization of automation and advanced drilling techniques has enhanced extraction processes, positively impacting production volumes. Large-scale infrastructure projects worldwide drive demand for nickel in applications such as bridges, railways, and buildings. The Global Infrastructure Hub estimates that the global infrastructure investment need will reach $94 trillion by 2040, creating a sustained demand for nickel in construction materials. Supportive government policies and investments in mining infrastructure further stimulate growth. Governments recognizing the strategic importance of nickel in industrial development may implement favorable policies."

First Atlantic Nickel Corp. (OTCQB: FANCF) (TSX-V: FAN) REPORTS PRELIMINARY DTR METALLURGICAL RESULTS: RPM ZONE YIELDS 1.37% NICKEL MAGNETIC CONCENTRATE OVER 383.1 METRES - First Atlantic Nickel Corp. (FSE: P21) ("First Atlantic" or the "Company") is pleased to announce positive preliminary Davis Tube Recovery (DTR) metallurgical test results from drill hole AN-24-02 at the RPM Zone at its 100%-owned Atlantic Nickel Project in central Newfoundland. The testing produced a magnetic concentrate averaging 1.37% nickel and 1.73% chromium across 133 samples over the entire 383.1-meter length of the hole. These encouraging results confirm the potential for cost-effective magnetic separation as a viable processing method for the awaruite nickel mineralization previously reported at the RPM Zone.

The Company previously announced (March 4, 2025) that drill hole AN-24-02 returned assays averaging 0.24% nickel and 0.32% chromium over its entire 383.1-meter length, with coarse-grained awaruite visibly disseminated throughout the drill core. The DTR testing has now demonstrated that this nickel can be effectively concentrated through magnetic separation, a key step toward establishing a potential smelter-free development pathway for the project.

DTR Test Highlights:

High-Grade Magnetic Concentrate : Average magnetic concentrate grade of 1.37% nickel and 1.73% chromium across 133 samples over 383.1 meters, with concentrate up to 2.33% nickel and 8.17% chromium.
Significant Volume Reduction : Mass-pull average of 9.5% over 383.1 meters, reducing total volume by 91.5% and creating an ideal feedstock for further processing
Strong Recovery Rates : Calculated recoveries averaging 52.4% (up to 63%) over the entire drill hole length.
DTR Nickel Values : Average DTR nickel of 0.13% (up to 0.16%) over 383.1 meters
Cobalt Recovery : Cobalt was also recovered in the magnetic concentrate, adding potential for a valuable by-product.
Chromium Potential : Significant chromium values in the magnetic concentrate merit further evaluation as a potential by-product.
Phase 2 Drilling Program : Phase 2 drilling is set to begin soon, utilizing new road access and a higher-power NQ/HQ drill rig to target deeper mineralization and expand the 500m × 400m mineralized area at RPM. The program is fully funded by a recently closed strategic, non-dilutive $3M raise.

"These metallurgical results are extremely significant for our Atlantic Nickel Project," said Adrian Smith, CEO of First Atlantic Nickel. "Not only have we confirmed extensive nickel mineralization at the RPM Zone, but we've now demonstrated that a substantial portion of this nickel can be recovered using simple, environmentally friendly magnetic separation techniques. The ability to achieve a 91.5% volume reduction while producing a concentrate grading 1.37% nickel represents a major step toward our goal of developing a North American source of nickel that doesn't require traditional smelting." CONTINUED… Read this and more news for First Atlantic Nickel at: https://www.fanickel.com/archive

In other market news of interest:

Tesla, Inc. (NASDAQ: TSLA) has recently released its financial results for the fourth quarter and full year ended December 31, 2024 by posting an update on its Investor Relations website. Please visit https://ir.tesla.com to view the update.

"In the fourth quarter, we produced approximately 459,000 vehicles, delivered over 495,000 vehicles and deployed 11.0 GWh of energy storage products – a record for both deliveries and deployments. Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve these results."

FPX Nickel Corp. (OTCQB: FPOCF) (TSX-V: FPX) recently announced results from an Awaruite Refinery Scoping Study (the "Study") which demonstrates a compelling business case for the development of a standalone refinery (the "Refinery") to refine awaruite concentrate into battery-grade nickel sulphate for the electric vehicle ("EV") industry, along with producing valuable cobalt, copper, and ammonium sulphate by-products.

The Study has been prepared by Wood Canada Limited and all amounts are in US Dollars unless otherwise indicated. The Study relates to a standalone industrial project and anticipates the production of awaruite ore from projects that are not limited to mineral projects of the Company; without limiting the foregoing, the Study is separate and standalone from the Baptiste Nickel Project, which demonstrated the technical and commercial advantage of mining and concentrating awaruite ore to a high-grade awaruite concentrate.

Power Metallic Mines Inc. (OTCBB: PNPNF) (TSX-V: PNPN) recently announced the return of the 5 holes of the fall campaign. These holes were testing multiple targets in the Lion zone area. Hole PN-24-095a tested the interpreted plunge of the Lion zone below previous drill holes. Power Nickel previously released photos of mineralized core from hole PN-24-095a (news release January 21, 2025), and assays have now confirmed that extension of the high-grade zone.

Drill holes PN-24-082 to PN-24-085 inclusive, were designed to intersect the target horizon 100-200m west of known mineralization at depths below the ground and airborne EM signals), therefore they were testing unknown locations along the target horizon. Although the holes passed through the target horizon they only returned weakly geochemically anomalous Pt and Pd (up to 0.14g/t combined). These holes were specifically located to provide platforms for borehole EM (BHEM) surveys, which will be carried out this month. The BHEM should give a 'look' radius of 150-200 meters around the hole for any off-hole conductors indicative of mineralization.

TMC the metals company Inc. (NASDAQ: TMC) , an explorer of the world's largest undeveloped resource of critical battery metals, recently announced that it had successfully produced a high-grade nickel-copper-cobalt alloy and manganese silicate during a smelting campaign, run as part of the 18-month feasibility program designed to process a 2,000-tonne sample of deep-seafloor polymetallic nodules at its partner PAMCO's Rotary Kiln Electric-Arc Furnace (RKEF) operating facility in Hachinohe, Japan.

Following the recovery of 3,000 tonnes of nodules during 2022 test mining by TMC's subsidiary Nauru Ocean Resources Inc (NORI) from its exploration contract area D in the Clarion Clipperton Zone (CCZ), 2,000 tonnes were delivered to PAMCO's RKEF plant to go through a feasibility program consisting of calcining and smelting campaigns. Following the commercial-scale production of calcine in September 2024, over a 14-day continuous smelting campaign in January and February 2025, PAMCO operators fed approximately 450 tonnes of calcine material into a 3,000 kVA DC electric-arc furnace and produced high-grade nickel-copper-cobalt alloy and manganese silicate [see video]. By utilizing existing processing capacity with minimal modifications to existing equipment, TMC can avoid the high costs and risks associated with building new processing plants, while demonstrating the feasibility of integrating processing of CCZ nodules into established metallurgical operations.

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DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated twenty five hundred dollars for news coverage of the current press releases issued by First Atlantic Nickel Corp. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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FPX Nickel FPX:CA TSXV:FPX Base Metals Investing

FPX:CA

FPX Nickel Announces Extension to Generative Exploration Alliance with JOGMEC

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce the extension of the Company's Global Generative Exploration Alliance (the " Generative Alliance ") with Japan Organization for Metals and Energy Security (" JOGMEC "). Building on strong progress achieved through the first two years of the Generative Alliance, FPX and JOGMEC have agreed to convert the arrangement into an open-ended joint venture going forward. The program will remain focused on the global identification and acquisition of high-quality awaruite nickel properties similar in geological character to the Company's flagship Baptiste Nickel Project (" Baptiste ") in central British Columbia .

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FPX Nickel Publishes Scoping Study Report for North America's Largest Nickel Sulphate Refinery

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") announces that further to its news release dated February 24, 2025 it has published the Report for the Awaruite Refinery Scoping Study (the " Study ") on its website at https:fpxnickel.comprojects-overviewawaruite-refinery .

The Study demonstrates a compelling business case for the development of a standalone refinery (the " Refinery ") to refine awaruite concentrate into battery-grade nickel sulphate for the electric vehicle (" EV ") industry, along with producing valuable cobalt, copper, and ammonium sulphate by-products. The Study has been prepared by Wood Canada Limited and all amounts are in US Dollars unless otherwise indicated.

Highlights

Strong Economics: After-tax NPV _8% of $445 million and IRR of 20% at $8.50 /lb Ni
Large-Scale, Long Life : 40-year operating life producing 32,000 tpa of nickel contained in battery-grade nickel sulphate
Valuable Products: Production of battery-grade nickel sulphate for the EV industry, and by-products including cobalt, copper, and ammonium sulphate, a valuable fertilizer product for the agricultural sector
Low Cost: Total estimated operating costs of $1,598 /t Ni, or $133 /t Ni ( $0.06 /lb Ni) on a by-product basis for refining awaruite concentrate to battery-grade nickel sulphate, resulting in total all-in production costs of $8,290 /t Ni ( $3.76 /lb Ni) for nickel sulphate generated from awaruite mineralization (inclusive of mining, processing, refining, on a by-product basis), with both figures ranking in the lowest decile of the respective global nickel sulphate cost curves
Low Carbon : A carbon intensity of 0.2 tCO2/t Ni for refining operations, resulting in a total all-in carbon intensity of 1.4 t CO2/t Ni for nickel sulphate generated from awaruite mineralization, which is magnitudes lower than current nickel sulphate production routes

The Study reinforces the opportunity for the development of an integrated, made-in- Canada solution from mine-to-battery, utilizing awaruite concentrate as a lynchpin source of nickel, with conventional refining steps underpinning low-cost, low-carbon nickel production for use in domestic and allied country EV battery supply chains. The Study is described more fully in the FPX news release dated February 24, 2025 , and incorporates the flowsheet advancements outlined in the Company's previously reported pilot-scale hydrometallurgical testwork results (see the FPX news release dated October 15, 2024 ).

Andrew Osterloh , P.Eng., FPX's Senior Vice President, Projects and Operations, has reviewed and approved the content of this news release.

About FPX Nickel Corp.

FPX Nickel Corp. is focused on the exploration and development of the Baptiste Nickel Project, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron mineralization known as awaruite. For more information, please view the Company's website at https://fpxnickel.com/ .

On behalf of FPX Nickel Corp.

"Martin Turenne"
Martin Turenne , President, CEO and Director

Forward-Looking Statements
Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws, including those which relate to the proposed development of the Refinery, the intended processing of commercially available awaruite concentrate at the Refinery and the ability to obtain same; the projected economics of the Refinery, including capital cost; operating costs; NPV; IRR; carbon intensity; processing life; growth of the EV market; marketability of the concentrate; growth of demand for nickel sulphate and pricing therefor; and all other statements, other than statements of historical facts. These statements address future events and conditions and actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects', "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved". Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements are set forth in the public reports and filings for FPX, filed on SEDAR+ at www.sedarplus.com . Although FPX believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, FPX disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE FPX Nickel Corp.

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FPX Nickel Scoping Study for North America's Largest Nickel Sulphate Refinery Outlines Low-Cost and Low-Carbon Supply for the EV Battery Supply Chain

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce results from an Awaruite Refinery Scoping Study (the " Study ") which demonstrates a compelling business case for the development of a standalone refinery (the " Refinery ") to refine awaruite concentrate into battery-grade nickel sulphate for the electric vehicle (" EV ") industry, along with producing valuable cobalt, copper, and ammonium sulphate by-products.

The Study has been prepared by Wood Canada Limited and all amounts are in US Dollars unless otherwise indicated. The Study relates to a standalone industrial project and anticipates the production of awaruite ore from projects that are not limited to mineral projects of the Company; without limiting the foregoing, the Study is separate and standalone from the Baptiste Nickel Project, which demonstrated the technical and commercial advantage of mining and concentrating awaruite ore to a high-grade awaruite concentrate.

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FPX Nickel Outlines 2025 Activities for the Baptiste Nickel Project

FPX Nickel Corp. (TSX-V: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to outline plans for advancement of the Baptiste Nickel Project (" Baptiste " or " the Project ") in 2025. Following the completion of the robust 2023 preliminary feasibility study (" PFS "), the Company's 2025 activities will build on strong progress made in 2024, prioritizing the advancement of further engineering studies, baseline environmental data collection, and continued positive engagement with First Nations and the Provincial and Federal governments in preparation for anticipated entry into the environmental assessment (" EA ") process in the second half of 2025.

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FPX Nickel Outlines 2025 Activities for the Baptiste Nickel Project

FPX Nickel Corp. (TSX-V: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to outline plans for advancement of the Baptiste Nickel Project (" Baptiste " or " the Project ") in 2025. Following the completion of the robust 2023 preliminary feasibility study (" PFS "), the Company's 2025 activities will build on strong progress made in 2024, prioritizing the advancement of further engineering studies, baseline environmental data collection, and continued positive engagement with First Nations and the Provincial and Federal governments in preparation for anticipated entry into the environmental assessment (" EA ") process in the second half of 2025.

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WESTERN COPPER AND GOLD STRENGTHENS STRATEGIC PARTNERSHIP WITH MITSUBISHI MATERIALS

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce that it has strengthened its relationship with Mitsubishi Materials Corporation ("Mitsubishi Materials").

Western has entered into an amended and restated investor rights agreement (the "Agreement") with Mitsubishi Materials, most notably extending the rights and obligations thereunder until May 30, 2026 , subject to Mitsubishi Materials acquiring 2 million common shares of the Company through open market purchases. These purchases will be non-dilutive to existing shareholders, as no new shares will be issued by the Company. Upon completion, Mitsubishi Materials' equity ownership in Western is expected to return to approximately 5%.

"Mitsubishi Materials have been a supportive partner, and we are pleased to see them grow their ownership in Western," said Sandeep Singh , President and CEO. "Their continued support through this proposed new investment, made through non-dilutive, open market purchases, is another vote of confidence in the team and the Casino Project. The corresponding extension of rights reflects the productive and aligned relationship we've built, and we look forward to continuing to collaborate as we advance one of Canada's most important critical minerals projects."

ABOUT western copper and gold corporation

western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Sandeep Singh"

Sandeep Singh
President and CEO
western copper and gold corporation

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "opportunities", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Such forward-looking statements herein include statements regarding Mitsubishi Materials acquiring additional common shares of the Company.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino project, potential impacts on operational continuity, changes in general market conditions that could affect the Company's performance; and other risks and uncertainties disclosed in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.

Forward-looking statements are based on assumptions management believes to be reasonable, such assumptions and factors as set out herein, and in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure document.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company's views as of the date of this news release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.

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SOURCE western copper and gold corporation

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Criteria		Units	Value
Initial Capital Cost		$, millions	$424
Operating Cost		$/t Ni produced	$1,598
Operating Cost, net of by-products		$/t Ni produced	$133
After- Tax	NPV _8%	$, millions	$445
	IRR	%	20
	Payback Period	Years	4.0

Capital Cost Type	Category	Total ($, millions)	Notes
Initial Capital Costs	Refinery Process	$152
	Reagents	$45
	Utilities, Services, & Infrastructure	$40
	Total Direct Costs	$237
	Indirect Costs	$81	34% of Direct Costs
	Contingency	$89	28% of Direct and Indirect Costs
	Owners Costs	$18
	Total Initial Capital	$424
Total Sustaining Capital Costs		$40	Expended years 1-40
Total Closure Capital Costs		$42	Expended years 41-42
Total Capital Costs		$506

Category	Units	Value
Reagents	$/t Ni produced	$757
Consumables	$/t Ni produced	$264
Labour	$/t Ni produced	$258
Maintenance	$/t Ni produced	$136
Power	$/t Ni produced	$69
General & Administrative	$/t Ni produced	$114
Total	$/t Ni produced	$1,598

Economic Basis/Result		Units	Value
Payability, Awaruite Concentrate		% of LME Ni	92
Price	Nickel	$/lb	8.50
	Cobalt	$/lb	15.00
	Copper	$/lb	4.00
	Ammonium Sulphate	$/t	330
Payability	Cobalt	%	85
Payability	Copper	%	95
After-Tax	NPV _8%	$, millions	$445
	IRR	%	20
	Payback	years	4.0

Drill Hole (#)	Easting (m)	Northing (m)	Elevation (masl)	Azm	Dip	End Depth (m)
24TK0507	490677.7	5169020.1	388.0	84.1	-61.4	619.5
24TK0536	491111.4	5169076.7	388.0	235.6	-54.2	374.0
24TK0539	491112.0	5169077.1	388.0	227.2	-58.1	370.9
25TK0561	490842.9	5168859.1	388.0	23.0	-64.0	389.2

Drill Hole (#)	From (m)	To (m)	Length	Quick Log	% Sulphides
24TK0536	0	53.64		OB
	53.64	343.35		FGO/MZNO	Traces-4%
	343.35	344.17	0.82	MMS/MSU	80%
	344.17	349.3		SED
	349.3	351.35	2.05	MMS/MSU	20-80%
	351.35	373.99		SED
24TK0539	0	48.16		OB
	48.16	307.32		FGO/MZNO	Traces-10%
	307.32	309.19	1.87	MMS/MSU	70%
	309.19	370.94		SED
25TK0561	0	42.67		OB
	42.67	290		FGO/MZNO	Traces-4%
	290	353.1		CGO	1-5%
	353.1	354.4		SED
	354.4	359.16		CGO	Traces
	359.16	367.63	8.47	MMS/MSU	15-80%
	367.63	371.33	3.7	GAB	10%
	371.33	375.25	3.92	MMS/MSU	65%
	375.25	389.23		SED

Drill Hole (#)	From (m)	To (m)	Length (m)	Assay						NiEq (%)	CuEq (%)
Drill Hole (#)	From (m)	To (m)	Length (m)	Ni (%)	Cu (%)	Co (%)	Pd (g/t)	Pt (g/t)	Au (g/t)	NiEq (%)	CuEq (%)
24TK0507	274.95	292.00	17.05	0.47	0.26	0.02	0.17	0.28	0.13	0.74	1.82
and	382.50	422.59	40.09	0.72	0.51	0.02	0.27	0.48	0.22	1.15	2.90
including	402.00	418.00	16.00	0.96	0.67	0.02	0.41	0.69	0.28	1.50	3.84
and	456.95	457.88	0.93	7.57	4.30	0.06	8.41	22.00	7.10	14.42	39.63
and	485.45	487.40	1.91	1.15	0.87	0.02	0.95	1.53	0.61	2.01	5.20

Global Nickel Mining Market Size Forecasted to Reach $100 Billion By 2034 as Demand for Electric Vehicles Rises

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Decar Nickel District - Baptiste Project

Management Team

Martin Turenne - President, CEO and Director

Andrew Osterloh - Vice-president, Projects

Felicia de la Paz - Chief Financial Officer and Corporate Secretary

Dr. Peter M. D. Bradshaw - Chairman

Nigel Fisher - Director, Environment

Jarett Lalonde - Director, Government and Public Affairs

Rob Pease - Director

William H. Myckatyn - Director

Peter Marshall - Director

James S. Gilbert, - Director

Anne Currie - Director

Kim Baird - Director

Dan Apai - Engineering Manager

Tim Bekhuys - SVP, Sustainability and External Relations

Keith Patterson - Vice-president, Generative Exploration

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