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Bullboard - Stock Discussion Forum 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... see more

TSXV:CNC - Post Discussion

Canada Nickel Company Inc > CNC~NEWSWIRE CANADA NICKEL WILL GENERATE $63BILLION REVENUE
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Post by moneywagon on Nov 26, 2024 8:24pm

CNC~NEWSWIRE CANADA NICKEL WILL GENERATE $63BILLION REVENUE

"Throughout the Impact Statement, it is clear how much the Company has prioritized minimizing impacts while maximizing the benefits this Project will bring to the entire region," said Pierre-Philippe Dupont, Vice President of Sustainability. "Since day one, we've taken a true partnership-based approach that has defined this entire process. By engaging early and often with Indigenous Nations, local communities, and stakeholders, we've ensured this Project reflects our shared priorities and values."

The Crawford Nickel Sulphide Project is expected to generate significant benefits for Northern Ontario, including the creation of thousands of jobs, strengthening local businesses, and contributing to economic growth. According to the Company's bankable Feasibility Study, over its 41 year lifecycle, the Project is projected to generate more than $63 billion in revenue, over 1,000 jobs, $7 billion in federal and provincial income taxes, and a further $2.6 billion in provincial mining taxes, from a total investment of $6.8 billion

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