Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) Targets Rapid Global Growth in Nickel Demand 

  • Tartisan Nickel Corp., a Canadian mineral and battery materials exploration and mining development company, is positioning itself to take advantage of the rapidly growing global demand for nickel
  • This growth is primarily driven by continually developing needs in energy storage and EV applications and many low-carbon technologies
  • Canada is currently ranked sixth in the world nickel mine production at 143,000 tons, and Tartisan expects to add to this through its flagship Kenbridge Nickel Project in Ontario

The International Energy Agency projects that by 2040, the demand for nickel will increase by 40 times. This growth will be fueled by a need to meet energy storage requirements, along with the growth in the market for electric vehicles (“EVs”). It is projected that by 2040, EVs and energy storage will account for over 50% of all nickel demand, a significant shift from the current state where 65% of all nickel goes into stainless steel production (https://ibn.fm/G6qmc).

Many enterprises are looking to tap into this growth. However, none is more well-positioned than Tartisan Nickel (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA), a Canadian mineral and battery materials exploration and mining development company. Through its flagship Kenbridge Nickel Project, the company wants to grow Canada’s annual nickel production while further stamping its position as a leader in its space.

The Kenbridge Nickel Deposit hosts a Nickel-Copper Resource with a 622-meter shaft, and the expanded project sits on 4,273 hectares (more than 10,500 acres) that includes 93 contiguous patents and 153 single cell mining claims 100 percent owned by Tartisan Nickel Corp. through wholly owned subsidiaries (https://ibn.fm/sO81q).

With the strides made so far on the property, Tartisan’s management remains optimistic about the property’s potential, citing the ability to increase and upgrade the quality of near-surface mineralization.

“There remains excellent potential to increase and upgrade the quality of the near-surface mineralization at Kenbridge thereby adding additional years of production or providing the basis for an increase in annual throughout,” noted Mark Appleby, Tartisan’s President and CEO (https://ibn.fm/TT8El).

Canada currently ranks sixth in the world nickel mine production at 143,000 tons. It comes behind Indonesia, Philippines, Russia, New Caledonia, and Australia, with China, Brazil, and the United States coming after. From a trade perspective, Canada’s total trade in nickel and nickel-based products in 2022 stood at $7.5 billion. 105,621 tons of unwrought nickel, valued at $3.5 billion, was exported from Canada in 2022 when the price per ton hit an all-time high of US$25,834. Tartisan looks to carve out a significant market share while Canada’s nickel exports and values grow further in the coming years (https://ibn.fm/p848o).

Nickel’s ability to withstand high temperatures and resist corrosion has made it valuable and integral in many low-carbon technologies. The metal has also proven to enhance battery performance by increasing energy density, thereby supporting higher voltages and storage capacities without compromising stability. In addition, nickel is generally cheaper than rival metals, significantly reducing the cost of storing excess renewable energy production. These properties have seen nickel used in lithium-ion batteries, not just in electric vehicles but also in renewable energy storage, such as solar panels, and wind turbines.

By extension, the significant reduction in the cost of lithium-ion batteries has seen increased affordability of electric vehicles. In addition, countries’ substantial investment in EV infrastructure, as seen in the UK, US, and Europe, have further seen a demand for EVs. Government regulation also plays a massive role in this growth. For instance, the EU and UK have mandated that 100% of new cars and vans must be zero-emission by 2035, a factor that has driven up production of EVs, which are expected to hit 21 million by 2030.

With these changes, there is already an uptick in the demand for nickel globally; this is only the beginning. According to the International Energy Agency, EVs and energy storage will account for the lion’s share of expected growth in nickel demand over the next 20 years. Tartisan has positioned itself to take advantage of this growth, asserting itself as a leader in its space.

For more information, visit the company’s website at www.TartisanNickel.com.

NOTE TO INVESTORS: The latest news and updates relating to TTSRF are available in the company’s newsroom at https://ibn.fm/TTSRF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is powered by IBN

Archives

Select A Month

Contact us: (310) 299-1717