Canada Nickel Company Inc V.CNC

CNC BUILD IT AND THEY WILL COME!

[moneywagon]

 

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@StopRunnerAWARUITE = SMELTER-FREE NICKEL. Without smelters or roasters, sulfide nickel is valueless for stainless steel or EVs. Without processing facilities, recovery is effectively zero percent since uneconomic shipping or lack of processing locations means no nickel will be extracted. No new nickel supply from North America is likely without the construction of smelters or processing in China. The Ring of Fire project's delay is largely due to the need for a local smelter and access to cheaper, subsidized hydroelectric rates to ensure economic viability. Here's what the Ontario Chamber of Commerce says about the Ring of Fire, pertinent to Wyloo & Platinex $PTX . Investors should be wary, noting that even a high-grade or economically viable NI 43-101 report often omits smelter considerations, assuming external processing. If your ore requires smelting, you'll need to know which smelters can process it, their location, the concentrate grade, and the associated shipping costs. "Given current electricity rates, there is no business case to locate a ferrochrome smelter or stainless steel plant in the province." "However, all agree that without government intervention, there is no business case to locate a chromite smelter in Ontario"

from #fan

IPT CARBONATION PROCESS

Canada Nickel’s Crawford Project is hosted in ultramafic rock, which naturally absorbs and sequesters CO2. Canada Nickel has developed the novel IPT Carbonation process which involves injecting a concentrated source of CO2 into tailings generated by the milling process for a brief period of time. This simple process captures CO2 geologically in the tailings while they are still in the processing circuit, rather than after they have been finally deposited.

STEP ONE

Minerals, including brucite, olivine, and serpentine, are extracted from the open pit and transported to the processing facility

STEP THREE

As part of mineral processing, tailings are conditioned with a concentrated CO2 stream, at which time the injected CO2 is permanently captured.

STEP TWO

Mineral processing separates the valuable minerals (into a concentrate) from the waste minerals (including brucite, a component of the tailings)

STEP FOUR

Tailings are deposited directly into the TMF, where they react with atmospheric CO2 brucite reacts with atmospheric CO2 to form a magnesium carbonate

Designed to become one of Canada’s largest carbon storage facilities with 1.5 Mtpa carbon captured and stored during peak period. More than 34 tonnes of carbon captured and stored per tonne of nickel over project life. After reducing Crawford’s minimal carbon footprint to net zero, there will be in excess of 30 tonnes storage capacity per tonne of nickel produced that can be sold.

NETZERO CONCENTRATE PROCESSING

• Existing pyrometallurgical processes such as roasting, sulphation roasting, and reduction using electric arc furnaces (utilizing natural gas rather than coke or coal as a reductant) with the off gases captured and re-routed to allow the CO2 to be captured by the waste rock and tailings.
• Existing hydrometallurgical processes such as the Albion or other similar processes to produce products which generate minimal off-gases. The off-gases will again be captured and treated to ensure CO2 and SO2 emissions are minimized.
• Production of iron products utilizing existing direct reduced iron (DRI) processes or reduction in electric arc furnaces utilizing natural gas.