Canada Nickel announces two new processing factories to boost EV industry

Canada Nickel, Canada’s largest nickel processing company, today announced two processing factories in the Timmins Nickel District. These include a nickel processing facility and a stainless-steel and alloy production facility.

This new step is intended to improve the critical minerals supply chain in North America and the province’s electric vehicle (EV) strategy. These two facilities will use Canada Nickel’s carbon storage capacity at its Crawford Nickel project to support zero carbon production.

For now, the company searching through a potential site across the region. It is also exploring engineering firms to complete the design of both facilities. The production at the nickel processing plant is likely to start by 2027.

With its three phases of development, the nickel processing plant is expected to reach a capacity of more than 80,00 tonnes of nickel annually.

This plant is expected to use low environmental footprint technology to produce nickel products for both the stainless-steel and superalloy and the EV markets.

The stainless steel and allow production facility will process the nickel-chromium (NiCr) magnetite concentrate from the Crawford Nickel Project and others to be transformed into more than 1 million tonnes of alloy products.

This includes 500,000 tonnes of 304-grade stainless steel annually per year. Its production is planned for the second half of 2027.

“With the growth in electric vehicle manufacturing in Ontario, NetZero Metals provides a zero-carbon solution to produce stainless steel and critical mineral alloys while powering electric vehicles with truly clean nickel,” said Mark Selby, CEO of Canada Nickel Company.

(source)