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Canada Nickel Announces Carbon Storage Testing Results Better than Anticipated; Integrated Feasibility Study Expected in September
Canada Nickel Announces Carbon Storage Testing Results Better than Anticipated; Integrated Feasib...
About this update from Canada Nickel Company Inc
[{"type":"text","content":"\n \n \n \n Canada Nickel Announces Carbon Storage Testing Results Better than Anticipated; Integrated Feasibility Study Expected in September\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Highlights\n \n \n \n \n \n \n \n Carbon\n \n capture test work confirms ability to store one million tonnes of carbon annually\n \n \n \n \n Crawford Project has potential to achieve 7% of\n \n Canada's\n \n 15 megatonne carbon removal goal\n \n \n \n \n Canada Nickel has received approaches from several large multinational companies seeking carbon storage solutions\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n June 8, 2023\n \n \n /CNW/ - Canada Nickel Company Inc. (\"Canada Nickel\" or the \"Company\") (TSXV: CNC) (OTCQX: CNIKF) today announced that test work for its novel carbon storage process, In-Process Tailings (\"IPT\") Carbonation, is demonstrating results that are significantly above expectations.\n \n \n \n \n \n \n \n \n \n The Company also announced that its Integrated Feasibility Study (\"IFS\") is expected to be released in September, following the completion of final engineering design for IPT Carbonation. All other engineering work for the Crawford feasibility study has been successfully completed.\n \n \n \n Mark Selby\n \n , CEO of Canada Nickel, said, \"We believe the IPT Carbonation process has transformative potential for the Company. Our test work demonstrates the ability to efficiently store one million tonnes of CO\n \n 2\n \n annually when the project is fully ramped up utilizing a process plant design of only 6.5 hours of residence time versus an initial design target of 12-24 hours. These results can help contribute to delivering this solution at relatively low capital and operating costs.\"\n \n \n Canada Nickel's Crawford Project is hosted in ultramafic rock, which naturally absorbs and sequesters CO\n \n 2\n \n . Canada Nickel has developed the novel IPT Carbonation process which involves injecting a concentrated source of CO\n \n 2\n \n into tailings generated by the milling process for a brief period of...