With the first warm spring breezes, the raw materials conference season begins in many places. Two very important ones are the PDAC (Prospectors & Developers Association of Canada) and the Global Metals, Mining & Critical Minerals Conference. The PDAC took place from March 3 to 6 in Toronto. According to PDAC, 26,926 participants made their way to the exhibition halls and presentations. According to PDAC, it is the "world's leading conference on mineral exploration and mining". Traditionally, many German market participants and observers are always in Toronto. The PDAC also recognized this and held the "German Day" on the 5th of March. This day focused in particular on critical metals and electromobility.
The Global Metals, Mining & Critical Minerals Conference was held for the 33rd time by BMO Capital Markets (Bank of Montreal) and took place in Hollywood, Florida, from February 25 to 28, 2024. Unlike PDAC, this conference is not aimed at private investors, but at institutional investors and, above all, industry representatives. According to BMO: "World's leading metals and mining conference with nearly 1,500 industry leaders representing nearly 650 organizations from 6 continents, including major automotive manufacturers and critical minerals producers." The US Department of Energy even gave a keynote speech. BMO is particularly well regarded in the industry as the Bank of Montreal has traditionally been strongly anchored in the mining and metals industry for more than 100 years.
Both traditional conferences were characterized by the fact that many market participants continued to display a certain skepticism towards the markets. Analysts from Adelaide Capital even went so far as to describe it as a "gloomy tone and weak investor interest". Nevertheless, even they had to concede that car manufacturers in particular were "sniffing around" in the area of suppliers of highly sought-after materials. The demand for critical materials and the metals required for electromobility is therefore there. PDAC could therefore be well placed with its focus on the German Day. For investors, this also means that shares in companies with projects that can supply these materials, from lithium to copper to vanadium, could have a good chance of being discovered by the broad market soon. Promising companies in this area include Century Lithium and the Canada Nickel Company.
Century Lithium - https://www.commodity-tv.com/ondemand/companies/profil/century-lithium-corp/ - owns the promising Clayton Valley lithium project in the USA, which is already in the test phase.
Canada Nickel Company - https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ - owns nickel and cobalt in the Crawford project in Canada.
Current company information and press releases from Century Lithium (- https://www.resource-capital.ch/en/companies/century-lithium-corp/ -) and Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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