logo-loader
viewFPX Nickel Corp

FPX Nickel CEO says nickel prices will continue to rise after years of being in oversupply

FPX Nickel Corp (TSXV:FPX) CEO Martin Turenne tells Proactive Investors what he finds so appealing about the nickel market and how the exploration company's latest projects fit in the space.

The Baptiste deposit, its flagship nickel property located in the Decar Nickel District in central British Columbia, is one of the world's largest undeveloped nickel deposits with a potential mine life of 35 years, according to Turenne.

"If it was in production today, it would be one of the 10 largest nickel mines going," said Turenne.

While nickel has been in oversupply for the last several years, the market is now in deficit. Nickel prices have been on the rise and the company believes that it will continue to move in that direction. 

 

Quick facts: FPX Nickel Corp

Price: 0.21 CAD

TSX-V:FPX
Market: TSX-V
Market Cap: $32.49 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Co-Diagnostics expects to win a CE mark-validated...

Co-Diagnostics Inc (NASDAQ:CODX) CEO Dwight Egan tells Proactive the Utah-based company expects to achieve a CE mark validation on its coronavirus detection test from the European Union by as early as next week. Egan says the company is very enthused by the entire process of the development...

2 days, 10 hours ago

2 min read