April 23, 2021
Business News

Nickel 28 Comments on Tsingshan’s Nickel Matte Plans

TORONTO–()–Conic Metals Corp., soon to be renamed Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC) is pleased to provide clarification regarding GHG emissions related to the extraction and production of nickel for the EV industry.

Justin Cochrane, Nickel 28’s President and CEO stated “Recent industry news about conversion of Nickel Pig Iron (NPI) to nickel matte have resulted in speculation that new nickel supply is available to feed the requirements of the EV industry and new investment in added capacity is no longer as critical. While this development is not new and was expected by the industry, we believe it is important that our investors have a full picture of what…

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