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FPX Nickel Reports Potential to Achieve Production with Lowest Carbon Footprint in Global Nickel Industry

FPX Nickel Reports Potential to Achieve Production with Lowest Carbon Footprint in Global...

articleFpx Nickel CorpJanuary 12, 20215/company/fpx-nickel/news/fpx-nickel-reports-potential-to-achieve-production-with-lowest-carbon-footprint-in-global-nickel-industry
FPX Nickel Reports Potential to Achieve Production with Lowest Carbon Footprint in Global Nickel Industry

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[{"type":"text","content":"\n \n \n \n FPX Nickel Reports Potential to Achieve Production with Lowest Carbon Footprint in Global Nickel Industry\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 VANCOUVER, BC\n \n ,\n \n Jan. 12, 2021\n \n /CNW/ - FPX Nickel Corp. (TSXV: FPX)\n \n \n (\"\n \n FPX\n \n \" or the \"\n \n Company\n \n \") is pleased to highlight the potential for the Company's Baptiste Project (\"\n \n Baptiste\n \n \" or the \"\n \n Project\n \n \") in central\n \n British Columbia\n \n to produce refined nickel with a significantly lower carbon footprint than other sources of production in the global nickel industry. These findings are based on the Project's recent Preliminary Economic Assessment (\"\n \n PEA\n \n \"), which outlined the development of a conventional processing facility powered by low-carbon hydro-electric power for the production of a refined, high-grade (63% nickel) product capable of bypassing smelting and being sold directly to end users.\n \n \n \n Highlights\n \n \n \n \n The carbon intensity of Baptiste operations is expected to average 2.40 tonnes of carbon dioxide (\"\n \n CO\n \n 2\n \n \n \") per tonne of refined nickel production (\n \n \"t CO\n \n 2\n \n /t refined Ni\"\n \n )\n \n \n Baptiste carbon intensity compares very favourably to published literature estimating the carbon intensity of existing nickel production from various mineral deposit types:\n \n \n \n 7.19 t CO\n \n 2\n \n /t refined Ni for Class 1 nickel production from sulphide ore\n \n \n 27.50 t CO\n \n 2\n \n /t refined Ni for Class 1 nickel production from laterite ore\n \n \n 45.00 t CO\n \n 2\n \n /t refined Ni for ferronickel production from laterite ore\n \n \n 69.00 t CO\n \n 2\n \n /t refined Ni for nickel pig iron production from laterite ore\n \n \n \n Results summarized herein assume\n \n no\n \n sequestration of carbon dioxide in Baptiste tailings\n \n \n \n \"These results, taken in combination with the recent PEA, position Baptiste as a truly disruptive project in the global nickel industry, with the potential to becom...

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