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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 moneywagonon Nov 08, 2023 7:01pm
120 Views
Post# 35724905

CNC SELBY SAID "WE ARE WELL DOWN THE PATH" SECURING CUSTOMER

CNC SELBY SAID "WE ARE WELL DOWN THE PATH" SECURING CUSTOMER

Crawford will also bring more processing capacity to the Timmins area. The company intends to make an iron-nickel-chrome product for the North American stainless steel and ferro-alloy sector. 

“We will be the only chromium producer in North America,” said Selby, in perhaps a subtle dig at the 15-year inertia associated with Ontario’s Ring of Fire.

The Toronto company has come a long way in a relatively short period of time it they began exploration drilling in 2019 and rapidly began sizing up Crawford to become one of Canada’s largest mining operations.

Selby said they are “well down the path” toward securing customers by way of offtake agreements. 

They expect to have one of two nickel customers locked up by year’s end. Eventually, they hope to sign on a specialty steel producer.

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