Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Employs Aggressive Exploration and Development Program Amid Surging Nickel Demand

production and economic change in Indonesia.

Nickel is an essential component in batteries, including those for cars and phones.
Demand for metals is growing, most importantly in China, a major battery manufacturer.
Indonesia is the world’s largest nickel producer.
The country is working to expand its manufacturing sector, attracting investment from multinational industry and mining giants.

Pacific Rim Cobalt Corporation (OTCQB: PCRCF) (CSE: BOLT) is making the most of Indonesian nickel through an aggressive exploration and development program there. VALE S.A. (NYSE: VALE), the world’s leading nickel producer, is also invested in Indonesia. Lundin Mining Corporation (TSX: LUN) (OTC: LUNMF), another leading nickel producer, relies on sources in America and Europe. Cobalt 27 Capital Corporation (TSX.V: KBLT) (OTCQX: CBLLF) has recently acquired access to a significant Pacific nickel resource in Papua New Guinea. One of the major drivers behind this demand for batteries is car production by companies such as Honda Motor Company Ltd. (NYSE: HMC), which is moving more of its work to China.