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EV Nickel Welcomes Ontario Government Investment in its Clean Nickel (TM) Strategy
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES TORONTO, ON / AC...
About this update from Ev Nickel Inc.
[{"type":"text","content":"EV Nickel Welcomes Ontario Government Investment in its Clean Nickel (TM) StrategyNOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICESTORONTO, ON / ACCESSWIRE / March 6, 2023 / EV Nickel Inc. (TSX-V:EVNI) (\"EVNi\" or the \"Company\") today announced the company has received $500,000 CAD in a partnership with the Ontario government. The non-dilutive funding contribution is for the advancement of EVNi's \"Clean Nickel\"™ strategy, which targets the lowest possible carbon cost for nickel production, at its Shaw Dome Project near Timmins, ON. \"We are proud to have the Ontario government as partners in our evolution as a modern, low-carbon mining company. Clean, low-carbon mining and processing is the future for North America's needs in the EV and battery production industry,\" said Sean Samson, CEO of EVNi. \"We look forward to applying these additional resources to our R&D mandate so we can meet the current and future carbon intensity expectations of OEMs and EV consumers around the world.\"EVNi is engaged in two separate research and development project streams under their Clean Nickel™ strategy. This includes their work in advancing \"bioleaching\"; a process through which bacteria erodes the rock around the critical mineral naturally and with zero carbon emissions. The second focuses on developing an integrated carbon capture and storage process, to earn carbon credits alongside the Clean Nickel™ production.EVNi's R&D consortium includes a number of labs, post-secondary education institutions and engineering groups from across the country. The strategy's R&D mandate is being coordinated through The EPCM Group, a global engineering firm based out of Oakville, ON.\"Ontario has ambitious goals for its development of the Electric Vehicle ecosystem and to meet them it will take innovation and a rethink of how things are done, this is in the DNA of our Company,\" added Samson.Last week EVNi announced a Maiden Resource for its CarLang A Zone deposit, and the contained nickel defined in the A Zone is roughly equivalent to the nickel in ~37M Electric Vehicles and the A Zone represents just the first 20% of the full CarLang (for further detail see the February 28, 2023 news release).\"We are excited to support emerging, innovative mining companies like EVNi that are at the forefro...