In this episode, we chat to Anthony Milewski, Chairman of Nickel 28 and The Oregon Group, an innovative battery metals-focused investment vehicle with a focus on metal streaming and royalty agreements offering our investors exposure to metals integral to key technologies of the electric vehicle and energy storage markets. He previously appeared on the podcast back in July 2021, in episode 153, so check that out.
Anthony is an entrepreneur with a background in Finance and Law and gives us an update on Nickel 28 and also talks about what is happening in the world with Russia, China, and the markets and how this is impacting the global supply of materials now and in the future.
✅ Nickel 28 has had a run of great quarters with production.
✅ They are now in a position to pay back their debt.
✅ When you see new demand emerging like there is for battery metals, the opportunities are huge.
✅ The global supply chain issues have created big challenges, especially for nickel.
✅ The current weakness in some commodities is likely to be temporary. When China comes back online properly that is likely to change.
✅ The sanctions and war in Ukraine have been highly disruptive.
✅ De-globalization is highly likely to happen, which should make mining easier in some countries. The biggest issue for the industry is a lack of funding.
🟠‘When you have a new technology, a new demand for a given commodity, you see a complete structured change in that commodity. ´
🟠‘The market might be soft until the entire world is back online and operating as normal.’
🟠 ‘The longer-term fix here is de-globalization.’