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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 EndZonefor7on Oct 13, 2023 5:33pm
154 Views
Post# 35683085

Massive nickel deposit in northern Ont. even more profitable

Massive nickel deposit in northern Ont. even more profitable

Canada Nickel(opens in a new tab) says a feasibility study concluded that the economics of its Crawford Nickel Sulphide Project look even better than early projections.

The bankable feasibility study, as it is called, was carried out by Ausenco Engineering Canada. It concluded that Crawford, the second largest nickel deposit in the world, is a low-cost, large-scale and long-life project that will generate $2.5 billion in net value for the company.

That amount jumps to $2.6 billion when projected carbon capture storage credits are included. Average annual production is expected to be 38,000 tonnes of nickel over the 41-year lifespan.

The project will also produce significant amounts of cobalt, palladium, platinum, iron and chromite.

https://northernontario.ctvnews.ca/study-shows-massive-nickel-deposit-in-northern-ont-even-more-profitable-than-expected-1.6600455

 

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