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Nickel and copper, where there will be pent-up demand


Nickel and copper are among the important raw materials for climate change.

Nickel is used in the production of stainless steel and for exhaust gas catalysts. Nickel stocks have fallen by around 50 percent since the beginning of the year and are now at their lowest level since 2012, indicating strong demand. The world\-s largest nickel reserves are in Indonesia. And Indonesian President Joko Widodo wants to attract electric car producers, including German ones, to his country. According to Widodo, Indonesia is the ideal location for car producers. Emerging markets in particular could benefit from the e-car trend. Incidentally, Tesla is said to have already signed contracts worth billions of dollars to obtain material for its batteries from Indonesia. Nickel and also the battery material cobalt are owned, for example, by the Canada Nickel Company – https://www.youtube.com/watch?v=2i-e-fH8jZM – in its flagship Crawford project in Ontario.

For copper, the longer-term outlook should be very good. And in copper, inventories also remained at multi-year lows in the second quarter. In the third quarter, inventories declined further. Copper demand, experts say, should be mixed in China and slowing in the U.S. and Europe. But the long-term picture looks different, better, because of the energy transition. In the copper market, demand was greater than supply in the first seven months of 2022. 175,000 more tons of copper were consumed than offered. Population growth and product innovation will continue to increase the demand for copper, according to the International Copper Study Group. Some can be met from recycled material; otherwise, mining companies are in demand. This includes Copper Mountain Mining – https://www.youtube.com/watch?v=PFbOw_s00ao – with its stake (75 percent) in the producing Copper Mountain Mine in British Columbia.

Current corporate information and press releases from Copper Mountain Mining (- https://www.resource-capital.ch/en/companies/copper-mountain-mining-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.


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/

Posted by on 20. October 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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