Bell2Bell Podcast featuring Return of Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) CEO Mark Selby

Bell2Bell’s latest podcast features the return of Mark Selby, CEO and Director of Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF), a company working to advance the next generation of high quality nickel sulphide projects to feed the high growth electric vehicle and stainless steel markets.

To begin the interview, Selby discussed the company’s recent news release announcing the positive Bankable Feasibility Study for its Crawford Nickel Sulphide Project.

“It’s a major milestone for the company – $2.5 billion after-tax NPV, 17% IRR. When you include the additional carbon capture and storage tax credits that we think we’ll be able to get, that nudges the IRR up to 18%. This is for a project that’s going to be a 40-year mine life,” Selby said. “We’re the second-largest nickel reserve in the world, the second-largest nickel resource in the world and, if we were fully ramped-up today, we’d be the third-largest nickel-sulphide operation globally.”

“This is in a nickel market where more than 100% of the supply has effectively come from Chinese-controlled sources in Indonesia, most of which with a massive carbon footprint. Because of the host rock we have, in addition to producing all that nickel, as well as cobalt, palladium, platinum, iron and chrome, we will also have the ability to store 1.5 million tons of CO2, which would also make us one of the largest carbon storage facilities in the world. If you look at what our overall effective carbon footprint would be, it would be negative 30 tons of CO2. So, in today’s world where everyone is looking for low-carbon alternatives, we’re a negative carbon alternative in terms of nickel production.”

Selby then turned his attention toward recent updates relating to Canada Nickel Company’s other projects.

“Crawford is just the first project of what we think is an entire nickel district in Timmins, which is a very established mining camp with all the major infrastructure in place. We assembled a package of 20 different properties, each of which we believe has an ultramafic deposit. We’ve successfully tested nine of them; three of them have a larger target footprint than what we have with Crawford. We’ve been very happy with those results.”

Join IBN’s Stuart Smith and Mark Selby, CEO and Director of Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF), to learn more about the company’s recent milestones relating to the Crawford project and the development of its IPT Carbonation process, as well as its goals for the balance of 2023 and beyond.

To hear the episode and subscribe for future podcasts, visit https://podcast.bell2bell.com.