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As the world’s #1 largest undeveloped nickel project, NORI can move the needle on energy transition metals both in terms of volume as well as low carbon cost of production, and the NORI Royalty can become the cornerstone asset as LCR builds its portfolio of other royalty streams in the coming years.
Rising raw materials prices risk undermining EV manufacturers’ efforts to drive down the cost of EV batteries necessary for mass adoption; and. Like fossil fuel extraction, conventional metals extraction comes at a steep cost to people and the planet, leading to vast deforestation in some of the most biodiverse areas on the planet.
There are two drivers to the cost of production: the feedstock cost and the yield of product. Military personnel from Colombia, India, Indonesia, Malaysia, Netherlands, Norway, Peru, Republic of Philippines, Thailand, Tonga and the United Kingdom will also participate. On the diesel side, that’s going to be hard to do.
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