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Kingfisher Metals Corp. press release

Chinese Companies Heavily Invest in Indonesia's Nickel Sector, Complaints about Working Conditions Abound

TSXV - TSX Venture Exchange · Gold · Copper · Silver · Canada · Project Development

Chinese Companies Heavily Invest in Indonesia’s Nickel Sector, Complaints about Working Conditions Abound

Chinese companies have invested more than $14 billioninto Indonesia’s nickel sector over the past decade building smelters, refineries, a nickel museum and a new metallurgy school. Nickel’s primary applications are in stainless steel production, but the metal is also key to the fledgling electric vehicle industry because of its use in EV batteries.

With most nations pledging to switch to battery electric cars over the next few decades, nickel is poised to see explosive demand. These Chinese companies have secured the...

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NOTE TO INVESTORS:The latest news and updates relating to Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) are available in the company’s newsroom athttp://ibn.fm/CNIKF

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Earlier from Kingfisher Metals Corp.

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