Canada Nickel Secures $3.4M in Federal Funding for Carbon Storage Technology

Canada Nickel will receive $3.4 million in federal government funding to advance its proprietary in-process tailings (IPT) carbonation process at the pilot plant level. The IPT carbonation process transforms nickel mining tailings into a permanent carbon storage solution, and Canada Nickel has filed a patent application for the technology.

The company’s Crawford nickel sulphide project is expected to serve as one of Canada’s largest carbon storage facilities, with the potential to sequester up to 1.5 million tonnes of CO2 annually at peak production. Over its 41-year lifespan, the project aims to store 54 million tonnes of CO2, making it Ontario’s largest carbon storage site.

CEO Mark Selby stated that the funding demonstrates the impact of innovation and collaboration in sustainable mining. He emphasized that IPT carbonation, combined with multiple Crawford-type deposits in the Timmins nickel district, could establish a globally unique zero-carbon industrial cluster in northeast Ontario.

The funding comes from Natural Resources Canada’s energy innovation program under the carbon capture, utilization, and storage (CCUS) research, development, and demonstration (RD&D) initiative. The project aligns with federal objectives to develop permanent CO2 storage solutions and advance clean energy technologies.