Kendrick Resources PLC (GB:KEN) has released an update.
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Kendrick Resources PLC, a mineral exploration and development company, has provided an update on its high-grade nickel projects located in the strategic and mining-friendly jurisdictions of Norway and Sweden. These projects, which include Njuggträskliden and Mjövattnet in Sweden and Espedalen in Norway, are particularly promising due to their potential to address the anticipated nickel supply shortfall for the battery industry. The company highlights the proximity of its Swedish projects to major battery and car manufacturers, and the geological similarities to the renowned Thompson nickel Belt, enhancing the appeal for investors and stakeholders.
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