Iron ore prices make comeback after China's infrastructure pledges
Ken Hoffman, senior expert of basic materials practice at McKinsey & Company, discusses his 2020 forecast for metals including iron ore, nickel and other electric car battery metals.
Nickel is the key metal that will drive significant improvements in electric vehicle (EV) car batteries and the EV revolution.
Mining.com - Inomin expands Beaver-Lynx nickel project
- Inomin Mines (TSX.V: MINE) announced that it has expanded its Beaver-Lynx nickel project by 6,040 hectares through staking and the buyout of eight properties held by third-parties.
- In a press release, Inomin explained that the Beaver nickel-cobalt property has increased to 7,528 hectares from 4,250 hectares, while the Lynx property is now 12,662 hectares, up from 9,900 hectares.
According to the Vancouver-based miner, the new ground within both properties covers nickel occurrences and prominent gravity anomalies that may be related to local mineralization.