Alaska Projects Target Domestic Nickel Supply for Clean Energy Shift

January 28, 2025

The electric vehicle (EV) market and renewable energy adoption are driving unprecedented demand for battery metals like nickel, cobalt, and lithium. These materials are central to the cleantech transition, powering EVs, large-scale battery storage systems, and renewable energy technologies. As global EV sales are expected to surpass 20 million units in 2025, nickel demand alone is forecast to more than double by 2030, with battery production accounting for nearly 70% of that increase.

In the United States, nearly all nickel is imported, relying heavily on sources from Indonesia, the Philippines, and Russia. This dependence raises concerns about supply chain stability, geopolitical risks, and environmental responsibility. Addressing this challenge, Alaska Energy Metals Corporation (AEMC) is advancing efforts to develop domestic sources of high-purity nickel and other critical minerals.

AEMC’s flagship Nikolai Project in Alaska is a large-scale polymetallic deposit containing significant quantities of nickel, cobalt, chromium, platinum, palladium, copper, and iron. The project’s inferred and indicated resources include over 8 billion pounds of nickel, with favorable proximity to transportation and power infrastructure. The company has reported promising 2024 drilling results, extending the high-grade core zone of the Eureka Deposit and identifying additional critical mineral potential across the district.

In addition to its efforts in Alaska, AEMC is progressing with the Angliers-Belleterre Project in Quebec, which focuses on high-grade nickel-copper sulphide deposits and explores potential white hydrogen production. The company emphasizes sustainable mining practices, adhering to environmental, social, and governance (ESG) standards while engaging with local communities and stakeholders.

As the demand for critical minerals intensifies, AEMC’s projects aim to bolster U.S. energy independence and secure a stable, sustainable nickel supply for the clean energy transition.