Canada Nickel to build 'largest nickel processing plant in North America' in Timmins
CTV
Canada Nickel is making a major investment in Timmins. On Thursday, officials said they're planning to build two processing plants in the city.
Canada Nickel is making a major investment in Timmins. On Thursday, officials said they're planning to build two processing plants in the city.
One will take in nickel from its various properties in the area.
"We expect it to be the largest nickel processing plant in North America," said Mark Selby, chief executive officer of Canada Nickel.
"In addition, we're going to build a stainless steel and alloy plant right here in the Timmins region, which would be the largest facility of its kind in Canada."
Selby said feasibility studies should be completed by year-end, with the nickel processing plant expected to begin production by 2027.
"We think the number of deposits we have in the region, each of which have the capacity to store CO2 really positions the area as ... having the potential to be a true zero-carbon industrial cluster," he said.
"You’d be very hard-pressed to find anywhere else in the world that has that unique combination we can find right here in Timmins."
