(Editors at Energy Analytics Institute, 15.Jan.2025) — Canada Nickel Company Inc. has been awarded $500,000 from the government of Ontario’s Critical Minerals Innovation Fund (CMIF) to support the development of its nickel processing facility through its wholly owned subsidiary, NetZero Metals Inc.
The commitment reinforces Ontario’s commitment to building a sustainable and reliable battery metal supply chain while reducing carbon emissions and fostering innovation in critical minerals processing, Canada Nickel said 15 Jan. 2025 in an official statement.
“This commitment highlights the province’s leadership in fostering innovation and advancing clean technology solutions. By supporting our efforts to develop a low-cost, low-carbon nickel processing facility, Ontario is strengthening the foundation for a sustainable battery metal supply chain that will drive economic growth and contribute to the global energy transition,” Canada Nickel CEO Mark Selby said in the statement.
The nickel project, expected to be located near Canada Nickel’s flagship Crawford Nickel Sulphide Project close to Timmins, Ontario, aims to develop and validate a process flowsheet for converting Crawford’s nickel concentrate and third-party feeds into nickel and nickel-cobalt products essential for battery plants in southern Ontario, according to Canada Nickel.
The facility aims to leverage cutting-edge technology through the use of biochar, a locally sourced, renewable reductant, to replace conventional coal-based materials such as coke and anthracite, thereby minimizing carbon intensity.
Once operational, the plant is expected to produce over 75,000 tonnes of nickel annually when fully ramped up, marking a significant step forward for nickel’s domestic supply chain.
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By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.