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Nickel and zinc are needed

(PresseBox) (Herisau, )
Zinc provides corrosion protection and nickel is in demand from the steel industry as well as the battery and solar and wind energy sectors.

Although zinc inventories on the LME and SHFE increased at the beginning of the year, they are still expected to fall in the coming months. In 2021, there was a deficit in the raw material zinc. Consumption increased by 5.8 percent in 2021 compared with the previous year. For 2022, experts expect a further increase in demand of 2.5 percent. The construction industry and zinc chemicals are responsible for this. The largest zinc producer in 2021 was China, followed by Peru and Australia.

For example, Kuya Silver - https://www.youtube.com/watch?v=9Kq-B7bj0zk - has zinc in the ground at its Bethania property in Peru. The former producing mine contains not only gold and silver, but also zinc, lead and copper. The construction of a processing plant has already been approved.

The tight commodity markets also include the nickel market. Here, after years of oversupply, inventories have steadily declined. A distinction must be made between nickel of different grades. Class one nickel is essential for electric vehicles. Class two nickel is used by stainless steel plants. Currently, the Ukraine war, Russia sanctions and supply disruptions are driving prices up. Robust nickel demand is expected, while new nickel projects are increasing in capital intensity. Those looking to bet on rising demand for batteries and stainless steel may want to look at Canada Nickel Company - https://www.youtube.com/watch?v=1Tve3LSuYA8 - as a potential value in their portfolio. Looking at high-grade nickel-cobalt projects, the Crawford project in Ontario is the company's flagship project.

Latest corporate information and press releases from Kuya Silver (- https://www.resource-capital.ch/en/companies/kuya-silver-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.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.