Beyond creating one of the world’s biggest nickel mining districts in Timmins, Canada Nickel believes there are some downstream processing opportunities to create a new industrial cluster in the region.
The Toronto mine developer inked an exploratory agreement with Swiss Steel Group last week to see if there’s any traction for a long-term relationship to ship Northern Ontario-made semi-finished steel products to the Lucerne steelmaker’s mills in Canada, the U.S. and Europe for further processing.
That could come as early as 2030 if all the pieces fall into place.
Canada Nickel’s main focus is its proposed Crawford nickel mine project, 40 kilometres north of Timmins. The company won’t be making an official decision to start construction of its open-pit Crawford nickel mine until 2027.
But CEO Mark Selby has been contemplating the value-added opportunities down the road.
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