Auroch Minerals holds over 3700km2 of prospective landholdings across the Stuart Shelf and Adelaide Geosyncline in South Australia, two world-class provinces for base-metal and gold deposits.
Supported by access to first-class infrastructure including road and rail, ports and refineries the projects are poised to capitalise on the growing demand for base-metals. Locally the South Australian Government’s investment in local renewable energy projects will ensure continued interest in base-metal projects.
The rush for metal reshaped the nickel futures curve over the past week. Read more via @FinancialReview https://t.co/i8PHhB6yp5
Premiums of LME #nickel cash over three-month contract CMNI0-3 jumped to $40 a tonne, a decade high, signalling tight nearby supplies and amid ongoing concerns over potential supply disruption from top ore producer Indonesia. More via @Reuters
“Although the #battery sector share of #nickel demand is much smaller than other metals, getting the quantity of nickel that EVs will need by the mid-2020s will be a challenge,” Gavin Montgomery, Wood Mackenzie. More via @StockheadAU https://t.co/5I6ONwFLUF $AOU.AX $AOU