Sprott Nickel Miners ETF: Capitalize On Battery Technology With $NIKL
Sprott Asset Management has established itself as a trusted global asset management firm. Amongst the company’s most compelling products is its Nickel Miners ETF - NIKL. Listed on the NASDAQ, NIKL is the only ETF to provide focused exposure to nickel miners that supply the mineral critical for the batteries driving the electric vehicle revolution.
It has been found that Increasing the nickel component of EV batteries greatly increases the drivable range of these vehicles. This may lead to a significant appreciation in nickel’s value. A report by the International Energy Agency predicts this will drive the price up by as much as 20 times its 2022 value by the year 2040.
It has been found that Increasing the nickel component of EV batteries greatly increases the drivable range of these vehicles. This may lead to a significant appreciation in nickel’s value. A report by the International Energy Agency predicts this will drive the price up by as much as 20 times its 2022 value by the year 2040.
Transcript
00:00 Nickel has been used for centuries. Today, it can be found in everything from the eponymous
00:06 coinage to stainless steel appliances. In recent years, however, its value has risen
00:10 dramatically up about 60% in the last three years, as it's been found to be a critical
00:14 component in electric vehicle batteries. Increasing the nickel component of EV batteries greatly
00:19 increases the drivable range of these vehicles. A report by the International Energy Agency
00:23 predicts this will drive the price up by 2040 as much as 20 times its 2022 value. Over the
00:29 last four decades, Sprott has established itself as a trusted global asset manager.
00:34 One of the company's products investing in the metal so critical to new battery technology
00:38 is its Sprott Nickel Miners ETF, NIKL. Listed on the NASDAQ, NIKL is the only ETF to provide
00:44 focused exposure to the nickel miners that supply a critical mineral for the batteries
00:48 that store clean energy and support the electric vehicle revolution. The ETF is tied to the
00:52 NASDAQ Sprott Nickel Miners Index. The index is designed to track the performance of a
00:57 selection of global securities in the nickel industry, including nickel producers, developers,
01:01 and explorers. Check out SprottETFs.com for more information on NIKL and Sprott's other
01:07 energy transition ETFs.
01:08 (upbeat music)