Sumary of Why the Neometals (ASX:NMT) share price is shooting 8% higher:
- NMT) share price is rocketing today after the company reported the latest nickel and palladium finds at its Western Australia mine..
- In today release, Neometals gave an update to the nickel and palladium deposits at its Armstrong Deposit at its Mt Edwards Project in WA..
- The website does forecast the nickel price to increase in the long run as demand for electric vehicles increases..
- Palladium As a bonus for the Neometals share price, the company also announced the discovery of palladium, and to a lesser extent platinum, during its routine nickel mining operations….