00:00 Nickel has been used for centuries. Today, it can be found in everything from the eponymous
00:06 coinage to stainless steel appliances. In recent years, however, its value has risen
00:10 dramatically up about 60% in the last three years, as it's been found to be a critical
00:14 component in electric vehicle batteries. Increasing the nickel component of EV batteries greatly
00:19 increases the drivable range of these vehicles. A report by the International Energy Agency
00:23 predicts this will drive the price up by 2040 as much as 20 times its 2022 value. Over the
00:29 last four decades, Sprott has established itself as a trusted global asset manager.
00:34 One of the company's products investing in the metal so critical to new battery technology
00:38 is its Sprott Nickel Miners ETF, NIKL. Listed on the NASDAQ, NIKL is the only ETF to provide
00:44 focused exposure to the nickel miners that supply a critical mineral for the batteries
00:48 that store clean energy and support the electric vehicle revolution. The ETF is tied to the
00:52 NASDAQ Sprott Nickel Miners Index. The index is designed to track the performance of a
00:57 selection of global securities in the nickel industry, including nickel producers, developers,
01:01 and explorers. Check out SprottETFs.com for more information on NIKL and Sprott's other
01:07 energy transition ETFs.
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