Canada Nickel
Canada Nickel Company is focused on the exploration and development of nickel-cobalt sulphide projects to meet the growing demand for these critical minerals in battery production. By utilizing advanced geological surveying and extraction techniques, the company aims to enhance the supply chain for electric vehicle manufacturers facing resource constraints.
- Clean Technology
- Energy
- Hardware
Funding
Raised to date
$348.2KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The electric vehicle and stainless steel markets face increasing demand for nickel and cobalt, but current supply chains often rely on sources with high carbon footprints and may not be located in politically stable regions. This creates a need for responsibly sourced, low-carbon nickel and cobalt production from reliable jurisdictions.
Solution
Canada Nickel Company is focused on developing nickel-cobalt sulphide projects with a goal of zero-carbon production to supply the electric vehicle and stainless steel markets. The company's flagship Crawford Nickel-Sulphide Project is located in the Timmins Nickel District and is adjacent to existing infrastructure. Canada Nickel utilizes the novel IPT Carbonation process, injecting a concentrated source of CO2 into tailings, enabling significant carbon storage. The company is also developing a nickel processing plant and a stainless steel and alloy production facility, aiming for zero-carbon emissions through carbon capture and storage in the Crawford mine tailings.
Target Audience
The primary target audience includes electric vehicle manufacturers, the stainless steel industry, and investors interested in ESG-focused mining projects.
Features
- Crawford Nickel-Sulphide Project: A large bulk tonnage nickel deposit.
- Timmins Nickel District: Consolidation of multiple nickel targets in close proximity to existing infrastructure.
- NetZero Metals Inc.: Wholly-owned subsidiary focused on zero-carbon production of Nickel, Cobalt and Iron.
- IPT Carbonation process: Injects CO2 into tailings for permanent carbon capture.
- Nickel Processing Facility: Planned capacity of over 80,000 tonnes of nickel annually.
- Stainless Steel and Alloy Processing Facility: Planned production of over 1 million tonnes of alloy products annually.
- Community Engagement: Active engagement with local communities and Indigenous groups through committees and newsletters.