Canada Nickel Company has secured CAD$3.4 million (£1.9m) of government funding to advance its carbon storage technology.
Its proprietary In-Process Tailings (IPT) Carbonation process, at the pilot plant level, transforms nickel mining tailings into a permanent carbon storage solution.
The company’s flagship Crawford Nickel Sulphide Project has been designed to be one of Canada’s largest carbon storage facilities.
Once operational, the project has the potential to store up to 1.5 million tonnes of CO2 annually during peak production period and is expected to store 54 million tonnes over its 41-year lifetime.
Mark Selby, CEO of Canada Nickel Company said: “This contribution is a testament to the power of innovation and collaboration. With the Government of Canada’s support, we are turning mining tailings into a solution for climate change, creating a legacy of environmental stewardship and sustainable resource development.
“The IPT Carbonation combined with the potential for multiple Crawford-type deposits in the Timmins Nickel District, provides the foundation for a globally unique zero carbon industrial cluster in Northeast Ontario.”
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