Canada Nickel gets $3.4M from Ottawa for Carbon Storage Technology

Canada Nickel Company has received $3.4 million in funding from the Government of Canada to support the development of its proprietary In-Process Tailings (IPT) Carbonation process at the pilot plant level.

"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," said Mark Selby, CEO of Canada Nickel Company.

The IPT Carbonation process transforms nickel mining tailings into a permanent carbon storage solution. Canada Nickel has filed a patent application for the process, which is integral to its Crawford Nickel Sulphide Project—designed to be one of Canada's largest carbon storage facilities and an industry leader in sustainable mining. Once operational, the project could sequester up to 1.5 million tonnes of CO2 annually at peak production, with an estimated total of 54 million tonnes over its 41-year lifespan, making it the largest carbon storage facility in Ontario.

The funding is provided through Natural Resources Canada’s Energy Innovation Program – Carbon Capture, Utilization, and Storage (CCUS) Research, Development, and Demonstration (RD&D) initiative. The project aligns with the government's goal of reducing greenhouse gas emissions and fostering innovative clean energy technologies.

"The Government’s contribution to Canada Nickel will help advance carbon management technologies in Canada, in line with our Carbon Management Strategy which envisions a multibillion-dollar carbon management industry to help realize the country’s economic and environmental goals," said Marc G. Serre, MP Nickel Belt and Parliamentary Secretary to the Minister of Energy and Natural Resources.

Canada Nickel continues to work with Indigenous Nations, governments, and stakeholders to advance sustainable critical mineral resource development while tackling climate change.

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