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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Post by ourrugon Jan 10, 2023 2:06pm
274 Views
Post# 35213924

Timmins nickel project could be one huge carbon sink

Timmins nickel project could be one huge carbon sink
The math is simple, bulk tonnage grades win almost every time. They also have way more leverage to the nickel price. The $10 per ton cost is based on what Mark has said in his interviews (it may even be $8 which effects it huge) the Underground mining costs I am using based on research 
 
As much as Canada Nickel Company has been hawking the nickel potential of its Crawford Project, the junior miner has also been discussing how the project can be a transformative mine of the future with a zero carbon footprint.
 
The Toronto mine developer has been promoting Crawford as one of the largest nickel sulphide discoveries in the world since the 1970s. Due to the nature of the deposit and how it can be processed, Canada Nickel believes the metal can be treated in a very low-carbon way. That should be pleasing to federal regulators in permitting the project.
 
Crawford is shaping up to be a large-volume, low-grade nickel deposit, processing 120,000 tonnes of ore a day over a 25-year mine life. The cost to build Crawford is US$1.2 billion.
 
Their target customers are the electric battery vehicle manufacturers. The company is seeking to do direct deals with the battery makers, especially from South Korea, to finance the construction of the mine.

Read full article https://www.timminstoday.com/local-news/timmins-nickel-project-could-be-one-huge-carbon-sink-6356676
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