Most of Canada Nickel's deposits are located between the cities of Timmins and Cochrane.
Mark Selby says both plants will be carbon neutral , thanks to the sequestration of carbon dioxide in the residues produced by the exploitation of its nickel deposits.
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What's most exciting is that with the rocks that constitute our deposit, we have developed a process that allows us to store 1.5 million tonnes of CO2 per year, he explained.
Canada Nickel CEO says engineering studies should be completed by the end of the year, and the first phase of nickel production should begin in early 2027.
According to Mark Selby, both factories will have reached an optimal production rate in time for the start-up and ramp-up of the Crawford project, planned for the end of 2027 .
We expect to be able to fund most of the capital we need to quickly advance this project through the next stages through various government sources.
A quote from Mark Selby, CEO of Canada Nickel
This is a phenomenal opportunity to grow the economy, said George Pirie, Minister of Mines and former mayor of Timmins.
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He recalls that Northern Ontario is rich in critical minerals, used in particular for batteries electric vehicles, such as lithium. We have what the world needs in our region to power the electric vehicle revolution.
Canada Nickel has also established a partnership with the Taykwa Tagamou Nation, an indigenous community located near Timmins.
Since the very beginning of the “Canada Nickel's adventure, our partnership was built on mutual respect and ensuring that our treaty would be honored and that we would have a real seat at the decision-making table,” said Bruce Archibald, Chief of the Taykwa Nation. Tagamou.