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Tartisan Nickel PEA Supports Near Term Nickel Mine With $837M Revenue
As the world looks to add EV’s to the transportation mix to reduce air pollution the demand for battery metals increases. Nickel is one of these battery metals in demand and there are few new high quality development projects ready to meet this demand and none that just released a PEA demonstrating Project economics pointing toward underground production potential revenue of $837M like Tartisan Nickel.
International Energy Agency: Global EV Outlook for 2022
Worldwide EV sales doubled year over year in 2021 to 6.6 million. Some 630,000 plug-in battery and hybrid electric cars were sold in the U.S. in 2021, twice as many as the year before. In Europe, 2.3 million EVs were sold.
There were 16.5 million electric cars on the road worldwide in 2021, three times more than in 2018 number expected to rise to 26.8 million units in 2030
Why is this important? Tartisan has an advanced nickel project destined be put into production and help meet the demand of the EV revolution
Owns 100% of the Kenbridge Nickel Deposit, including infrastructure that currently holds a measured and indicated resource estimate of 7.5 Mt of 0.58% nickel and 0.32% copper for a total of 95 Mlb of contained nickel.
Further Discovery Potential at Kenbridge North,
The PEA Indicates a 9-year mine plan based on a 1,500 tonne per day underground mining and processing operation that projects to generate $837 million in revenue with All In Sustaining Costs below 5$ Nickel this is a very profitable project on paper, especially as the current Nickel price is twice what it costs to produce, current ~10$US
Over the course of the mine's life, processing recovers 200,900 tonnes of nickel concentrate at 15% Nickel and 66,900 tonnes of copper concentrate at 24% Copper; this results in 52.6 million lbs of payable Ni and 30.7 million lbs of payable Copper.
How's that for SmallCap
$837 Million reasons to stand up and take notice of Tartisan Nickel
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