Welcome to another episode of Midweek Takeaway! This week, we're joined by Colin Bird, Chairman of Kendrick Resources, who brings us some thrilling updates on advancing nickel projects in Norway and Sweden. These projects aim to address the critical nickel supply shortfall essential for battery production. With the backing of the European Commission’s Critical Raw Materials Act 2024 and favorable mining legislation in stable jurisdictions, Kendrick Resources is well-positioned for success. We'll delve into the advantages of nickel sulphides, which are easier and more energy-efficient to process than nickel laterites, making them the preferred source for battery-grade nickel. Colin will share insights on their key sulphide deposits in Njuggträskliden and Mjövattnet in Sweden, and Espedalen in Norway, and how these projects align with the growing demand for high-quality nickel in the battery industry. Plus, we'll discuss the strategic significance of the Swedish nickel assets' proximity to the leading battery manufacturer Northvolt and the Kokola smelter. Tune in to discover how Kendrick Resources plans to meet the supply shortfall and drive forward the future of battery production.
Disclaimer & Declaration of Interest
The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.