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Canada Nickel Announces Industry Leading Low Carbon Footprint
Canada Nickel Announces Industry Leading Low Carbon Footprint Canada NewsWire ...
About this update from Canada Nickel Company Inc
[{"type":"text","content":"\n \n \n \n Canada Nickel Announces Industry Leading Low Carbon Footprint\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 Life-of-mine Crawford CO2 footprint lower than 99.7% of global nickel production\n \n \n \n \n \n \n Crawford estimate of 2.05 tonnes of CO2 per tonne of nickel-equivalent production, 93% lower than the industry average of 29 tonnes CO2\n \n \n \n \n \n \n Estimate excludes potential carbon offsets expected from company's waste rock and tailings, which is expected to result in net zero CO2 production\n \n \n \n \n \n \n TORONTO\n \n ,\n \n June 1, 2021\n \n /CNW/ - Canada Nickel Company Inc. (\"\n \n Canada Nickel\n \n \" or the \"\n \n Company\n \n \") (TSXV: CNC) (OTCQB: CNIKF) today announced its Crawford project is expected to have an industry leading low carbon footprint, lower than 99.7% of existing global nickel production. When in operation, Crawford is expected to produce 2.05 tonnes of carbon dioxide (CO2) per tonne of nickel-equivalent production over the life of mine. This is 93% lower than the industry average of 29 tonnes of CO2.\n \n \n These results are based on a study by Skarn Associates, a metals and mining ESG research company, applying data from Canada Nickel's Preliminary Economic Assessment (\"PEA\"), the results of which were released on\n \n May 25\n \n \n th\n \n 2021. Importantly, this CO2 footprint estimate does not include the carbon offset expected to be provided from the process of spontaneous mineral carbonation from the tailings and waste rock comprised largely of serpentine rock which naturally absorbs CO2 when exposed to air.\n \n \n \n Mark Selby\n \n , Chair & CEO said\n \n , \"This study demonstrates that Canada Nickel's Crawford project can be a world-leading large scale, low cost nickel supplier while possessing an extremely low carbon footprint. I am particularly excited that we can achieve this result even before we include the carbon offset potential from our waste rock and tailings which we expect to allow us to produ...