Eight companies developing battery metals
Canada Nickel
Crawford nickel-cobalt project in Ontario. Credit: Canada Nickel Company.
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) is working to deliver a preliminary economic assessment on its Crawford nickel-cobalt sulphide project in the Timmins area in Ontario by the end of April, which would be followed by a feasibility study by the end of this year.
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March metallurgical test results suggest that a 20% increase in the material grind size did not impact recoveries when compared with earlier test results. According to Canada Nickel chairman and CEO Mark Selby, this improvement in primary grind requirements could reduce the energy needed to grind each tonne by 15%, potentially allowing for both higher throughputs and lower unit costs.
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Highlights:
20% increase in primary grind size accomplished with no loss in recovery – results in increased throughput and lower energy costs per tonne
Release of Preliminary Economic Assessment (PEA) delayed until April 30, 2021 to include these significant improvements
TORONTO, March 4, 2021 /PRNewswire/ - Canada Nickel Company Inc. (
Canada Nickel or the
Company ) (TSXV: CNC) (OTCQB: CNIKF) is pleased to announce further positive results from its latest metallurgical testing on its 100% owned Crawford Nickel-Cobalt Sulphide project (
Crawford Project ).
These latest results demonstrated that a 20% increase in grind size resulted in no material change in recovery. For large scale, lower grade projects such as Crawford, this significant improvement in primary grind requirements reduces the amount of energy needed to grind each tonne of material by 15%, which would allow for both higher throughput and lower costs per tonne, said Mark Selby,
Base and Battery Metals Snapshot: Eight companies pursuing critical minerals
Amidst a growing move towards electrification and emerging concerns about the sourcing of raw materials, base and battery metals exploration and development assets in North America are on investors’ radar screens. Below, we provide an overview of eight companies in the space.
Canada Nickel
Crawford nickel-cobalt project in Ontario. Credit: Canada Nickel Company.
After listing on the TSX Venture exchange in March 2020, Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) is working to deliver a feasibility study on its Crawford nickel-cobalt sulphide project in the Timmins mining camp by the end of this year.
Base and Battery Metals Snapshot: Eight companies pursuing critical minerals
The mine entrance at the Teledyne project in Cobalt, Ontario. Credit: Fuse Cobalt.
Amidst a growing move towards electrification and emerging concerns about the sourcing of raw materials, base and battery metals exploration and development assets in North America are on investors’ radar screens. Below, we provide an overview of eight companies in the space.
Canada Nickel
After listing on the TSX Venture exchange in March 2020,
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) is working to deliver a feasibility study on its Crawford nickel-cobalt sulphide project in the Timmins mining camp by the end of this year.