RDN 8.70% 2.5¢ raiden resources limited

Tesla’s AI day energises Australia’s nickel stocks

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    • Nickel is the quiet overachiever playing an important part in the renewable future story
    • The metal has had some important applications for some time, but it's the role it plays in lithium-ion batteries that is seeing demand for nickel soar
    • Big players in the nickel industry, like Tesla and BHP (BHP), are ramping up exploration efforts and pleading for a greater global supply of nickel
    • With tech innovations improving nickel production and processing capabilities, this places juniors in the sector in a unique position on the ASX
    • The need for nickel looks set to explode in the coming years as the commodity helps drive the battery sector

    Read the Full Article on The Market Herald here
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