FG:CC - Falcon Gold CEO Sees Increased Investment in Nickel Battery Metals

2023-03-21 15:55:00 ET

While much of the attention surrounding battery metals is currently focused on lithium and copper , the CEO of Falcon Gold believes little-known yet essential battery metals like nickel will see increased momentum in the market.

“Without nickel and cobalt you can’t make a lithium-ion battery. So I'm really going against the grain here as I see tremendous opportunity in the price of nickel,” said Karim Rayani, CEO and director of Falcon Gold (TSXV:FG,FWB:3FA,OTCQB:FGLDF) , a Vancouver-based mineral exploration and development company with a portfolio of gold and battery metals assets in Canada and South America.

Rayani expressed optimism that nickel — and other battery metals — will start to see more investments flowing in as the transition towards global electrification progresses. He cited Anglo American’s (LSE: AAL ,OTCQX:AAUKF) recently announced C$24 million investment in Canada Nickel Company (TSXV: CNC ,OTCQX:CNIKF).

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