Toronto: Canada Nickel Company has received final permitting approval from Ontario for its Crawford nickel and carbon capture project on July 31. It is the first project approved under Canada’s amended Impact Assessment Act.
Located in the Timmins mining district, Crawford holds an estimated 3.8 million tons of nickel and will also produce chromium. The project aims to be the largest Western source of nickel, a metal now dominated by Indonesia which supplies 67% of global production.
The $1.9 billion project will use Canada Nickel’s proprietary In-Process Tailings Carbonization tech to trap CO2 in mine tailings. The company expects to store 1.5 million tons of CO2 per year, equivalent to removing 350,000 cars from the road, and up to 15 million tons annually over the mine’s 41-year life.
CEO Mark Selby said the approval “recognizes the strategic importance of responsibly developing Canada’s critical mineral resources.” Construction decisions are targeted for 2027.
