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Canada Nickel Secures $3.4 Million Federal Contribution to Advance Groundbreaking Carbon Storage Technology
Canada Nickel Secures $3.4 Million Federal Contribution to Advance Groundbreaking Carbon Storage ...
About this update from Canada Nickel Company Inc
[{"type":"text","content":"\n\n\n\n Canada Nickel Secures $3.4 Million Federal Contribution to Advance Groundbreaking Carbon Storage Technology\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 Highlights:\n \n\n\n\n Canada Nickel's IPT Carbonation process transforms nickel mining tailings into a permanent carbon storage solution.\n \n\n The Crawford Nickel Sulphide Project is designed to be one of\n \n Canada's\n \n largest carbon storage facilities.\n \n\n\n\n\n TORONTO\n \n\n ,\n \n\n Feb. 12, 2025\n \n\n /CNW/ -\n \n Canada Nickel Company Inc.\n \n (\"\n \n Canada Nickel\n \n \" or the \"\n \n Company\n \n \") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that it has been selected for funding of\n \n $3.4 million\n \n from the Government of\n \n Canada\n \n to support the development of Canada Nickel's proprietary In-Process Tailings (IPT) Carbonation process at the pilot plant level.\n \n\n\n\n\n\n\n\n\n The IPT Carbonation process transforms nickel mining tailings into a permanent carbon storage solution and Canada Nickel has filed a patent application for this process. The Company's flagship Crawford Nickel Sulphide Project has been designed to be one of\n \n Canada's\n \n largest carbon storage facilities and an industry leader in sustainable mining and carbon management.\n \n\n Canada Nickel's IPT carbonation technology ultramafic tailings as a geologically stable permanent CO\n \n 2\n \n storage solution. Once operational, the Crawford Nickel Sulphide Project has the potential to sequester up to 1.5 million tonnes of CO\n \n 2\n \n annually during its peak production period and is expected to store 54 million tonnes over the 41-year life of the Project, positioning it as one of\n \n Canada's\n \n largest, and\n \n Ontario's\n \n largest, carbon storage facilities.\n \n\n\n Mark Selby\n \n , CEO of Canada Nickel Company, expressed his gratitude for the Government of\n \n Canada's\n \n funding, stating, \"This contribution is a testament to the power of innovation and collaboration. With the Government of\n \n Canada's\n \n support, we are tur...