Kendrick Resources PLC (LSE:KEN) is rapidly moving towards battery metal production from advanced stage exploration projects in Scandinavia. Focused on growth in nickel and vanadium, Kendrick Resources aims to deliver lasting shareholder value , whilst maintaining a strong commitment to the future sustainability of the mining sector.
Demand for sustainable batteries is rising, and Europe is becoming a major centre for the generation of this demand, and for the sourcing of supply to meet it. Scandinavia is establishing a position as a global leader in the supply of sustainable, low-carbon batteries, developing battery research and production centres along the ‘Battery Coast’ in Norway. The aim is to leverage the region’s rich natural resources and strategic location, and to combine these factors with a commitment to sustainability to provide world-class batteries. The ultimate goal is to create a fully circular supply chain in meeting this rising demand. (Norway’s Battery Strategy, 2022).
With a suite of high-quality, advanced, nickel and vanadium resources, Kendrick is well positioned to help realise these aspirations by supplying critical battery metals directly into the European battery production revolution.
In the process Kendrick aims at long-term value creation for our stakeholders.
