In November, nickel shone particularly brightly among the base metals, and copper is also very much in demand in the long term.
Higher industrial metal prices are supported by an expected recovery of China's economy. Lower US inflation rates and a gradual opening of China should have a positive effect. The complete opening of the Middle Kingdom is generally expected in the second or third quarter of 2023. This should have a positive impact on demand for industrial metals. In the industrialized countries, economic data have improved, particularly in the euro zone and the UK. And industrial activity has remained at a robust level. While things don't look so rosy in the short term - China is not growing as strongly in the short term and the Fed is yet to raise interest rates - an upturn is expected after the first half of 2023 at the latest. The real estate market in China will also recover. And in 2023, there will probably be a turnaround in the Fed's monetary policy decisions. There is still a threat of supply problems in the energy sector, even though crude oil prices have currently fallen. Short-term price declines should not obscure the increased demand for some metals caused by the energy transition. Many experts are therefore betting on copper, the metal of the future.
Nickel is increasingly needed for battery production. Demand is forecast to grow by four percent this year and by around eleven percent next year. Although the nickel market appears to be well supplied, rising prices can be expected in the long term due to increasing demand. This is because energy storage in electric drives and steel production cannot do without nickel.
Nickel is the territory of Canada Nickel Company - https://www.youtube.com/watch?v=-RZ8N_WNFxo -. The feasibility study for the flagship Crawford project in Ontario should be completed soon. In addition, the company is looking after manufacturing processes for nickel, cobalt and iron products without carbon emissions.
Anyone interested in copper companies should take a look at Hannan Metals - https://www.youtube.com/watch?v=UYCCTD_R_oE -. In the Andes in Peru lies the prospective San Martin copper-silver project, one of the other projects Hannan Metals is pursuing in Ireland.
Current corporate information and press releases from Hannan Metals (- https://www.resource-capital.ch/en/companies/hannan-metals-ltd/ -) and Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also
applies: https://www.resource-capital.ch/en/disclaimer/
Higher industrial metal prices are supported by an expected recovery of China's economy. Lower US inflation rates and a gradual opening of China should have a positive effect. The complete opening of the Middle Kingdom is generally expected in the second or third quarter of 2023. This should have a positive impact on demand for industrial metals. In the industrialized countries, economic data have improved, particularly in the euro zone and the UK. And industrial activity has remained at a robust level. While things don't look so rosy in the short term - China is not growing as strongly in the short term and the Fed is yet to raise interest rates - an upturn is expected after the first half of 2023 at the latest. The real estate market in China will also recover. And in 2023, there will probably be a turnaround in the Fed's monetary policy decisions. There is still a threat of supply problems in the energy sector, even though crude oil prices have currently fallen. Short-term price declines should not obscure the increased demand for some metals caused by the energy transition. Many experts are therefore betting on copper, the metal of the future.
Nickel is increasingly needed for battery production. Demand is forecast to grow by four percent this year and by around eleven percent next year. Although the nickel market appears to be well supplied, rising prices can be expected in the long term due to increasing demand. This is because energy storage in electric drives and steel production cannot do without nickel.
Nickel is the territory of Canada Nickel Company - https://www.youtube.com/watch?v=-RZ8N_WNFxo -. The feasibility study for the flagship Crawford project in Ontario should be completed soon. In addition, the company is looking after manufacturing processes for nickel, cobalt and iron products without carbon emissions.
Anyone interested in copper companies should take a look at Hannan Metals - https://www.youtube.com/watch?v=UYCCTD_R_oE -. In the Andes in Peru lies the prospective San Martin copper-silver project, one of the other projects Hannan Metals is pursuing in Ireland.
Current corporate information and press releases from Hannan Metals (- https://www.resource-capital.ch/en/companies/hannan-metals-ltd/ -) and Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also
applies: https://www.resource-capital.ch/en/disclaimer/
