ARRRF News and Press, Ardea Resources Ltd From 10/20/20

Nickel 'battery' demand is forecast to increase by 14x from 2019 to 2030. The demand surge will be for battery grade nickel sulphate best extracted from nickel sulphide ore. By 2025 if Tesla was making 5 million EVs pa they would need ~275,000 tpa of nickel each year. That is way abov...

Nickel spot prices were slightly lower in September, and the LME inventory was slightly lower than last month. Nickel market news - Battery metals to boom despite widespread Covid-19 disruption. Electric car boom fuels global scramble for nickel and cobalt. Giga Metals says - "The...

Cobalt spot prices rose slightly for the month and LME cobalt inventory was lower. China’s SRB cobalt stockpiling could set metal price floor. Cobalt market news - EU sounds alarm on critical raw materials shortages - Needs 5x more cobalt by 2030 & 15x more cobalt by 2050. ...

Welcome to the nickel miners news for August. The past month saw nickel prices rise significantly and legendary mining investor Robert Friedland stating: "The new oil is copper, nickel , cobalt." This follows last month's plea from Tesla's (TSLA) Elon Musk for mining companies: "Please mine...

Welcome to the August 2020 cobalt miner news. The past month saw cobalt prices rise strongly and plenty of company news from the cobalt miners. Cobalt price news As of August 22, the cobalt spot price was US$14.99/lb , up from US12.93/lb last month. The LME cobalt price is US$33,045...

Welcome to the nickel miners news for July. The past month saw nickel prices rise strongly and plenty of nickel news including some very interesting comments from Elon Musk. Nickel price news As of July 27, the nickel spot price was USD 6.22 , up from USD 5.62 last month. Nickel invent...

Welcome to the July 2020 cobalt miner news. The past month saw cobalt prices about the same and a busy month of news and good progress from the cobalt juniors. Cobalt price news As of July 21, the cobalt spot price was US$12.93/lb , about the same as US13.09/lb last month. The LME coba...

Welcome to the nickel miners news for June. The past month saw nickel prices about the same and plenty of good news. Nickel price news As of June 25, the nickel spot price was USD 5.62 , about the same as USD 5.56 last month. Nickel inventory at the London Metals Exchange [LME] was abou...

Welcome to the June 2020 cobalt miner news. The past month saw cobalt prices slightly lower and a not so busy month for the cobalt producers but plenty of good news from the cobalt juniors. Cobalt price news As of June 19, the cobalt spot price was US$13.09/lb , slightly lower than US1...

Welcome to the nickel miners news for May. The past month saw nickel prices unchanged and some strong exploration results from some nickel juniors. Nickel price news As of May 26, the nickel spot price was USD 5.56 , the same as USD 5.56 last month. Nickel inventory at the London Metals...