Canada Nickel Releases 2024 ESG Report
Canada Nickel (OTCQB: CNIKF) has released its 2024 ESG Report, highlighting significant achievements in sustainable mining practices and Indigenous partnerships. The company made substantial progress in its Crawford Nickel Sulphide Project, securing a landmark $20 million investment from Taykwa Tagamou Nation - the first Indigenous Nation in Canada to invest in a critical minerals project.
Key achievements include the development of In-Process Tailings Carbonation technology capable of storing up to 1.5 million tonnes of CO₂ annually, improved water efficiency with intensity decreasing to 0.38 m³/metre, and strong local economic impact with 60% local hiring and 37% local procurement of $32.5 million spent. The company maintains impressive diversity metrics with 33% female board representation and 34% female workforce.
Canada Nickel (OTCQB: CNIKF) ha pubblicato il suo Rapporto ESG 2024, evidenziando importanti risultati nelle pratiche minerarie sostenibili e nelle collaborazioni con le comunità indigene. L'azienda ha fatto notevoli progressi nel suo Progetto Crawford Nickel Sulphide, ottenendo un investimento storico di 20 milioni di dollari dalla Taykwa Tagamou Nation - la prima nazione indigena in Canada a investire in un progetto di minerali critici.
Tra i risultati principali si segnalano lo sviluppo della tecnologia di carbonatazione dei residui in processo capace di immagazzinare fino a 1,5 milioni di tonnellate di CO₂ all'anno, un miglioramento dell'efficienza idrica con un'intensità ridotta a 0,38 m³/metro, e un forte impatto economico locale con 60% di assunzioni locali e 37% di approvvigionamenti locali su 32,5 milioni di dollari spesi. L'azienda mantiene inoltre ottime metriche di diversità con una rappresentanza femminile nel consiglio del 33% e una forza lavoro femminile del 34%.
Canada Nickel (OTCQB: CNIKF) ha publicado su Informe ESG 2024, destacando logros significativos en prácticas mineras sostenibles y asociaciones con comunidades indígenas. La compañía avanzó considerablemente en su Proyecto Crawford Nickel Sulfuro, asegurando una inversión histórica de 20 millones de dólares de Taykwa Tagamou Nation, la primera Nación Indígena en Canadá en invertir en un proyecto de minerales críticos.
Los logros clave incluyen el desarrollo de la tecnología de carbonatación de relaves en proceso capaz de almacenar hasta 1,5 millones de toneladas de CO₂ anualmente, una mejor eficiencia hídrica con una intensidad reducida a 0,38 m³/metro, y un fuerte impacto económico local con 60% de contratación local y 37% de adquisiciones locales de los 32,5 millones de dólares gastados. La compañía mantiene métricas impresionantes de diversidad con 33% de representación femenina en la junta y 34% de fuerza laboral femenina.
Canada Nickel (OTCQB: CNIKF)는 2024년 ESG 보고서를 발표하며 지속 가능한 광산 개발 관행과 원주민 파트너십에서 중요한 성과를 강조했습니다. 회사는 Crawford Nickel Sulphide Project에서 상당한 진전을 이루었으며, 캐나다에서 원주민 국가로서는 최초로 중요한 광물 프로젝트에 투자한 Taykwa Tagamou Nation으로부터 2,000만 달러의 투자를 확보했습니다.
주요 성과로는 연간 최대 150만 톤의 CO₂를 저장할 수 있는 공정 중 테일링 탄산화 기술 개발, 0.38 m³/미터로 감소한 향상된 물 효율성, 그리고 3,250만 달러 지출 중 60% 현지 고용과 37% 현지 조달을 통한 강력한 지역 경제 영향이 포함됩니다. 또한 회사는 33% 여성 이사회 구성원과 34% 여성 직원 비율로 인상적인 다양성 지표를 유지하고 있습니다.
Canada Nickel (OTCQB : CNIKF) a publié son rapport ESG 2024, mettant en avant des réalisations majeures en matière de pratiques minières durables et de partenariats avec les communautés autochtones. L'entreprise a réalisé des progrès significatifs dans son projet Crawford Nickel Sulphide, obtenant un investissement historique de 20 millions de dollars de la Taykwa Tagamou Nation – la première nation autochtone au Canada à investir dans un projet de minéraux critiques.
Parmi les principales réalisations figurent le développement de la technologie de carbonatation des résidus en cours de traitement capable de stocker jusqu'à 1,5 million de tonnes de CO₂ par an, une meilleure efficacité hydrique avec une intensité réduite à 0,38 m³/mètre, ainsi qu'un fort impact économique local avec 60 % d'embauches locales et 37 % d'approvisionnements locaux sur les 32,5 millions de dollars dépensés. L'entreprise maintient également d'excellents indicateurs de diversité avec 33 % de représentation féminine au conseil d'administration et 34 % de femmes dans ses effectifs.
Canada Nickel (OTCQB: CNIKF) hat seinen ESG-Bericht 2024 veröffentlicht und dabei bedeutende Erfolge in nachhaltigen Bergbaupraktiken und Partnerschaften mit indigenen Gemeinschaften hervorgehoben. Das Unternehmen erzielte erhebliche Fortschritte bei seinem Crawford Nickel Sulphide Project und sicherte sich eine historische Investition von 20 Millionen US-Dollar von der Taykwa Tagamou Nation – die erste indigene Nation in Kanada, die in ein kritisches Mineralienprojekt investiert.
Zu den wichtigsten Errungenschaften zählen die Entwicklung der In-Process Tailings Carbonation Technologie, die jährlich bis zu 1,5 Millionen Tonnen CO₂ speichern kann, eine verbesserte Wassereffizienz mit einer Intensität von 0,38 m³/Meter sowie eine starke lokale wirtschaftliche Wirkung mit 60 % lokaler Einstellung und 37 % lokaler Beschaffung bei Ausgaben von 32,5 Millionen US-Dollar. Das Unternehmen weist zudem beeindruckende Diversitätskennzahlen mit 33 % weiblicher Vertretung im Vorstand und 34 % weiblicher Belegschaft auf.
- Secured $20 million investment from Taykwa Tagamou Nation, marking first Indigenous investment in Canadian critical minerals
- Developed technology capable of storing 1.5 million tonnes of CO₂ annually
- Achieved 60% local hiring rate and directed 37% of $32.5M procurement to local suppliers
- Maintained 33% female board representation, double the industry average
- Improved water efficiency to 0.38 m³/metre from 0.48 despite 464% drilling increase
- Zero environmental non-compliance incidents recorded
- None.
"The milestones achieved in 2024 reflect the strength and vision of our team and the powerful model we're building with Indigenous Nations and communities across the Timmins Nickel District," said Mark Selby, CEO of Canada Nickel. "With major partnerships, a unique carbon storage solution, and strong support across the region, we are proud to be advancing nickel in a way that is inclusive, future-focused, and aligned with the goals of both the Governments of
Throughout 2024, Canada Nickel deepened its collaboration with Indigenous Nations, advanced low-carbon technologies, and reinforced its commitment to responsible development through transparent reporting and inclusive governance. The Company's efforts position it not only as a cleaner nickel producer than the industry standard, but as a trusted partner in shaping the next generation of sustainable mining in
"Indigenous partnerships and community stewardship are not a side project at Canada Nickel – they are embedded into how we operate," said Pierre-Philippe Dupont, Vice President of Sustainability. "We are building more than a mine; we are helping build a resilient, low-carbon critical minerals corridor that reflects the values of the communities we work with. From equity ownership and business partnerships to direct investment in local infrastructure, this is what inclusive growth looks like."
Key Highlights from Canada Nickel's 2024 ESG Report
Indigenous Partnerships and Engagement
- Canada Nickel signed a landmark contracting agreement with Flying Post,
Matachewan , and Mattagami First Nations to ensure Indigenous business leadership in infrastructure construction for the Crawford Project. - Taykwa Tagamou Nation became the first Indigenous Nation in
Canada to invest$20 million - Formal mitigation measures and engagement processes were established with all potentially impacted Indigenous Nations through the submission of the federal Impact Statement for the Crawford Nickel Sulphide Project.
Environmental Stewardship and Climate Innovation
- Pilot testing of the Company's In-Process Tailings (IPT) Carbonation technology confirmed the potential to permanently store up to 1.5 million tonnes of CO₂ annually, establishing the Crawford site as one of
North America 's largest proposed carbon sinks. - Water intensity decreased to 0.38 m³/metre drilled in 2024 from 0.48 despite a
464% increase in drilling through water recycling, tracking, and on-site flow meters. - No environmental non-compliance incidents were recorded, reinforcing the Company's strong environmental performance.
Local Economic Contributions
60% of new hires in 2024 were local and37% of$32.5 million Timmins region.
Governance and Leadership
- Female representation was
33% on the Company's Board and34% across the broader workforce—more than twice the industry average.
Reporting and Transparency
- Canada Nickel remains one of the only junior mining companies in
Canada to have produced three consecutive ESG reports aligned with the United Nations Global Compact, Global Reporting Initiative, and the United Nations Sustainable Development Goals, with the last two reports also aligning with the Task Force on Climate-related Financial Disclosures.
For more information and to read the full 2024 ESG Report, please click here.
About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM, and is pursuing the development of processes to allow the production of net-zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its
For further information, please contact:
Mark Selby, CEO
Phone: 647-256-1954
Email: info@canadanickel.com
Sydney Oakes, Director of Indigenous Relations and Public Affairs
Phone: 905-929-7151
Email: sydneyoakes@canadanickel.com
Cautionary Statement Concerning Forward-Looking Statements
This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors, which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Canada Nickel Company Inc.
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