NetworkNewsWire Editorial Coverage: The need for nickel for batteries is driving greater investment in mines in Indonesia.
- Batteries play vital role in modern society, powering everything from phones to EVs.
- Pacific Rim Cobalt Corp. releases assay results confirming strong nickel, cobalt mineralization in Cyclops Project.
- As the world’s leading source of nickel, Indonesia is seeing serious investments.
Pacific Rim Cobalt Corporation (OTCQB: PCRCF) (CSE: BOLT) (PCRCF Profile) just announced assay results from its ongoing 2019 drilling campaign at the Cyclops, Nickel/Cobalt Project in Indonesia. VALE S.A. (NYSE: VALE) has also invested heavily in Indonesian nickel production. Glencore (OTC: GLNCY) both mines nickel and recycles it from old batteries. Lundin Mining Corporation (TSX: LUN) (OTC: LUNMF) produces nickel and its byproducts in four countries. Cobalt 27 Capital Corporation (TSX.V: KBLT) (OTCQX: CBLLF) has invested in…
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