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.<br /><br />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.
