- Nickel Creek Platinum is focused on the Nickel Shäw project, which hosts one of the most promising deposits for nickel, copper, cobalt and PGMs in the world thanks to pre-existing regional infrastructure and an expansive open-pit potential.
- The Nickel Shäw project location is ideal and low-risk, offering access to the Alaska Highway. The company has long-term relationships with large institutional shareholders, and management has proven experience in related markets and project operations.
- Nickel in general is a vital component in battery technologies and will have a variety of uses for the growing electric vehicle market.
- Nickel Creek Platinum is dedicated not only to providing value for shareholders but also achieving a carbon neutral future in a way that is socially responsible. The organization is working with First Nations groups as well as local governments to minimize waste and promote positive environmental and social impacts.
Future demand for nickel is projected to reach an all-time high, with much of that growth coming from the electric vehicle (EV) industry. Within that industry alone, global nickel demand is expected to reach 2.6 million metric tons by 2040. Nickel is an important component of EV batteries, and as EVs replace the majority of gas-powered vehicles, industry observers believe global demand for nickel will quadruple over the next 30 years.
Generating enough supply, however, is a continuing challenge. The nickel industry is slow to increase capacity, requiring significant shifts upward in nickel prices as demand rises before there is a supply response. High-profile industry experts like Robert Friedland, executive co-chairman of Ivanhoe Mines and Elon Musk, CEO of Tesla, have expressed a need for more nickel production in the future, while CEO and chairman of General Motors, Mary Barra, stated the need for electric vehicles in the future. Major automotive manufacturers have committed to hybrid and electric vehicles, and international government policies from the US, EU and China aim to continue this trend toward zero carbon emissions by 2050.
Nickel Creek Platinum Corp. (TSX:NCP; OTCQB:NCPCF) is a Canadian mining exploration and development company focused on delivering value to stakeholders through diversified exposure to nickel, copper and platinum group metals (PGM) in Canada’s Yukon Territory. The company’s principal business activity is the exploration and evaluation of its 100-percent-owned Nickel Shäw project, located in southwestern Yukon.