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Canada Nickel Announces Ausenco as Lead Engineering Consultant for Detailed Engineering of the Crawford Nickel Sulphide Project
Prnewswire· 2026-01-26 11:45
Core Viewpoint - Canada Nickel Company has awarded Ausenco Engineering Canada ULC a contract for detailed engineering and project support for the Crawford Nickel Sulphide Project, aiming to commence construction by year-end [1][2]. Group 1: Project Development - The Crawford Nickel Sulphide Project has received significant endorsements from the federal government, including a referral to the Major Projects Office and inclusion in Ontario's "One Project, One Process" framework [2]. - Ausenco has been involved with Canada Nickel since the completion of the Preliminary Economic Assessment in 2020, the Feasibility Study in 2023, and front-end engineering design in 2025, showcasing a long-term partnership [2]. - The project aims to leverage Ausenco's extensive experience in large-scale sulphide processing projects to ensure a capital-efficient design and successful execution [2]. Group 2: Company Overview - Canada Nickel Company is focused on advancing nickel-sulphide projects to meet the growing demand for nickel in electric vehicles and stainless steel markets [5]. - The company is pursuing the development of processes for producing net zero carbon nickel, cobalt, and iron products, with trademarks applied for terms like NetZero Nickel [5]. - The flagship Crawford Nickel-Cobalt Sulphide Project is located in the Timmins-Cochrane mining camp, a region known for its mineral wealth [5].
Crawford Nickel Project Named Under Ontario's One Project, One Process Framework
Prnewswire· 2026-01-13 15:30
Core Viewpoint - Canada Nickel Company has announced that the Crawford Nickel Project has been designated as the second project under Ontario's One Project, One Process framework, highlighting its strategic importance in the province's Critical Minerals Strategy [1][2][3] Group 1: Project Significance - The Crawford Nickel Project is expected to create 4,000 jobs and is positioned to be one of the largest nickel deposits globally, contributing significantly to Ontario's economy [3][5] - The project is projected to generate over $70 billion in GDP over its 40+ year lifespan, with approximately $67 billion benefiting Ontario alone, while supporting 1,000 direct and 3,000 indirect jobs [5] Group 2: Environmental and Regulatory Aspects - Crawford is set to become one of Canada's largest carbon storage facilities, utilizing patented In-Process Tailings Carbonation technology to permanently store up to 1.5 million tonnes of CO2 annually, aiming to be the world's first net-zero carbon nickel mine [5] - The project has already submitted an Impact Statement under the amended Impact Assessment Act, 2019, and has been referred to the federal Major Projects Office, establishing a clear path for responsible development [4] Group 3: Government and Corporate Commitment - The Ontario government is committed to enhancing the efficiency of permitting processes for major mining developments, which aligns with Canada Nickel's goals for the Crawford project [2][3] - Canada Nickel has emphasized its commitment to Indigenous Nations and environmental stewardship, stating that the new framework will complement existing commitments rather than replace them [3]
Canada Nickel Announces the Referral of the Company's Crawford Project to the Major Projects Office by the Government of Canada
Prnewswire· 2025-11-14 14:39
Core Viewpoint - Canada Nickel Company Inc. has announced that its Crawford Nickel Project has been officially referred to the Major Projects Office by the Government of Canada, highlighting its strategic importance for the country's economy and clean energy goals [1][2]. Group 1: Project Significance - The Crawford Project is expected to create approximately 185,000 person-years of employment, including around 1,000 full-time jobs and 3,000 indirect and induced roles, contributing an estimated $70 billion to Canada's GDP over the mine's life [3]. - The project aims to advance one of the world's largest nickel reserves while also developing innovative carbon capture technology, positioning it as one of Canada's largest carbon storage facilities [2][3]. Group 2: Government and Corporate Collaboration - The Government of Canada, through Minister Tim Hodgson, emphasizes the importance of investing in critical minerals and infrastructure to build a resilient economy and create high-paying jobs while respecting environmental and Indigenous rights [2]. - Canada Nickel's CEO, Mark Selby, expressed appreciation for the government's recognition and support, indicating a commitment to work with the Major Projects Office to secure financing and permits for construction by the end of 2026 [2][3]. Group 3: Infrastructure and Partnerships - The Crawford Project benefits from direct access to power, road, and rail infrastructure, and is co-developed with First Nations partners, ensuring strong Indigenous partnerships [2]. - Canada Nickel is pursuing the development of processes to produce net-zero carbon nickel, cobalt, and iron products, enhancing its appeal to investors in low political risk jurisdictions [5].
Canada Nickel and the University of Texas at Austin Launch Carbon Sequestration Pilot at Crawford Nickel Project
Prnewswire· 2025-11-03 11:45
Core Insights - Canada Nickel Company Inc. has initiated an in-situ carbon sequestration pilot study at its Crawford Nickel Project in collaboration with the U.S. DOE ARPA-E team, led by the University of Texas at Austin [1][7] - The pilot aims to evaluate large-scale carbon capture by injecting carbon-enriched water into a 400-meter-deep well within the ultramafic body, building on previous bench-scale studies [2][4] Company Initiatives - The pilot program follows successful bench-scale studies that demonstrated the ability of magnesium-rich mineral brucite to capture CO2 by transforming into secondary minerals [2][3] - The pilot is designed to monitor the CO2-to-rock mineralizing process, which is expected to begin within hours of injection, with most CO2 turning into solid rock within six months [3][4] - This initiative is independent of Canada Nickel's existing In-Process Tailings (IPT) Carbonation Program and is a significant step in enhancing the company's carbon capture and storage capabilities [4][7] Strategic Goals - The results from this pilot study will inform future post-mining carbon sequestration strategies, aligning with Canada Nickel's vision for a Zero-Carbon Industrial Cluster in Timmins [4][6] - Canada Nickel is focused on advancing nickel-sulphide projects to meet the growing demand in electric vehicle and stainless-steel markets, while also pursuing processes for net zero carbon production of nickel, cobalt, and iron products [6][8]
Canada Nickel Releases Positive Results from Crawford Nickel Project Economic Impact Study
Prnewswire· 2025-10-15 10:45
Core Insights - Canada Nickel Company announced the results of an economic impact study for its Crawford Nickel Project, indicating a significant economic contribution to Canada's GDP over the project's lifespan [1][2][3] Economic Contribution - The Crawford project is estimated to generate over $70 billion to Canada's GDP over its projected 40+ year life, with $67 billion of that impact occurring in Ontario [2][6] - The project is expected to support approximately 1,000 direct jobs and 3,000 indirect and induced jobs, totaling around 185,000 person-years of employment and delivering approximately $16 billion in labor income [2][7] Tax Revenue Generation - Crawford is projected to generate $7.7 billion in federal tax revenues and $8.3 billion in provincial tax revenues [2][8] - Total tax revenues from the project are estimated at $9.9 billion, including corporate income tax, mining tax, and other taxes [8] Project Status and Community Engagement - The Crawford project is well-advanced in permitting, has major infrastructure in place, and enjoys strong community support, positioning it to deliver benefits efficiently [4][3] - The project includes collaborative partnerships with Indigenous Nations, who are engaged as co-developers [4] Economic Impact Study Methodology - The study assessed economic impacts at direct, indirect, and induced levels, quantifying changes in the economy due to the development and operation of the mine [5] - Direct impacts arise from businesses receiving operating revenues, while indirect impacts come from suppliers, and induced impacts result from employee spending in the general economy [5]
Canada Nickel Reports Additional Positive Exploration Drilling Results at Midlothian Nickel Sulphide Property
Prnewswire· 2025-09-25 10:45
Core Insights - Canada Nickel Company Inc. announced positive exploration drilling results from its Midlothian Property, indicating its growing potential as a significant asset within the company's portfolio [1][2][3] Exploration Results - The latest drill assays from Midlothian have shown consistently higher-grade intervals, with three recent holes returning 0.29–0.30% nickel over several hundred meters [2][6] - The Midlothian property has a target footprint larger than the Crawford project, with a geophysical target measuring 2.7 kilometers long and 0.4 to 0.9 kilometers wide [3][6] - Six infill drillholes were completed in summer 2025, all intersecting long intervals of mineralized dunite, with significant nickel mineralization found at shallow depths [3][6] Drilling Highlights - Drillhole MID25-17A intersected 0.30% nickel over 330.0 meters, while MID25-18A intersected 0.29% nickel over 449.1 meters, including 0.36% nickel over 10.5 meters [4][6] - The company plans to produce an initial resource estimate for Midlothian by the end of 2025, based on the combined dataset from 2023, 2024, and 2025 drilling [3][6] Joint Venture and Financials - The Midlothian property is a joint venture between Canada Nickel and Canadian Gold Miner Corp. and Laurion Mineral Exploration Inc., with Canada Nickel needing to make a final payment of $400,000 and issue 140,000 shares to earn a 100% interest [3] - Canada Nickel also announced the issuance of 333,120 common shares to a service provider in satisfaction of $249,840.51, subject to TSX Venture Exchange approval [8]