The breakthrough in electromobility has been achieved – important raw materials included

In 2021, around 680,000 of all vehicles, or 26 percent of new registrations, were electric. Almost half of these were plug-in hybrid cars. The goal of all vehicles in the EU being emission-free by 2035 is thus within reach. Although a chip shortage slowed down some automakers, sales of e-vehicles nevertheless rose because they were given preferential chips. And strong growth is expected to continue in both new registrations and the expansion of the charging infrastructure. Finally, the German Federal Ministry of Economics has extended the lucrative innovation premium for another year.  In addition, this year for the first time owners of e-cars can benefit from the "GHG quota" (greenhouse gas reduction quota). This means they can now sell the CO2 savings to petroleum companies, which can bring in several hundred euros per year. This is because the owner receives financial compensation for selling a flat-rate amount of electricity from his e-vehicle.

This encouraging development is achieved through raw materials that are involved in climate change, such as cobalt in the batteries or nickel, also used in electric vehicles.

Canada Nickel Company – https://www.youtube.com/watch?v=ejGJ-hLPY2w&t=8s -, for example, owns these raw materials at its Crawford project in Ontario, Canada. Electric vehicles also gobble up copper, and much more than conventional vehicles, so the economic metal copper can expect strong demand from this sector alone.

Copper is available from the likes of Aztec Minerals – https://www.youtube.com/watch?v=mKhndWB3VVc – Cervantes porphyry gold-copper project in Mexico. The goal for 2022 is to drill more holes and advance Cervantes to an initial open pit resource estimate.

Current corporate information and press releases from Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -).

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