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FPX Nickel Adopts Best-in-Class Technology to Reduce Baptiste's Carbon Intensity and Receives BC Hydro Support
FPX Nickel Adopts Best-in-Class Technology to Reduce Baptiste's Carbon Intensity and Receives BC ...
About this update from Fpx Nickel Corp
[{"type":"text","content":"\n\n\n\n FPX Nickel Adopts Best-in-Class Technology to Reduce Baptiste's Carbon Intensity and Receives BC Hydro Support\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 VANCOUVER, BC\n \n\n ,\n \n\n July 30, 2024\n \n\n /CNW/ - FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (\"\n \n FPX Nickel\n \n \" or the \"\n \n Company\n \n \") is pleased to provide an update on value engineering (\"\n \n Value Engineering\n \n \") studies that have improved the conceptual mine plan and facilities of the Baptiste Nickel Project (\"\n \n Baptiste\n \n \" or \"\n \n the Project\n \n \") in central\n \n British Columbia\n \n . Results of the mine Value Engineering studies have identified improvements to project economics and mine operability, and a significant reduction to Baptiste's greenhouse gas emissions estimate and the resultant carbon intensity.\n \n\n\n Highlights\n \n\n\n\n Optimization of the Baptiste mine plan and application of trolley-assist haul truck systems has improved operability and reduced overall diesel consumption by approximately 50%\n \n\n The mine Value Engineering program has reduced Baptiste's carbon intensity to 1.2 tCO\n \n 2\n \n e/tNi, which is in the lowest decile of current global nickel production and 50% below the amount reported in the 2023 preliminary feasibility study\n \n\n FPX has received funding support from BC Hydro that will enable Baptiste to commence interconnection studies in the second half of 2024, advancing electrification of the project and supporting BC's and\n \n Canada's\n \n critical minerals strategy\n \n\n\n \"Our plans to adopt best-in-class mining technologies are expected to enable Baptiste to be one of the lowest-carbon nickel operations in the world.  The optimization of our approach to mine planning highlights our made-in-\n \n Canada\n \n advantage.\n \n British Columbia's\n \n clean power underpins Baptiste's potential for responsible production of high-value nickel units that will support decarbonization of the global economy. We are grateful for BC Hydro's support as we move to...