Name of the Project
Crawford nickel sulphide project.

Location
Timmins, in Ontario, Canada.

Project Owner/s
Nickel focused exploration company Canada Nickel Company.

Project Description
The Crawford project will be a large-scale producer of critical minerals, including nickel and cobalt.

The operation will produce 83-million pounds (38 000 t) of nickel a year over a 41-year life, with production of 48 000 t/y nickel, 8 000 t/y of cobalt, 13 000 oz/y of palladium and platinum, 1.6-million tonnes a year of iron and 76 000 t/y of chrome over its 27-year peak period.

The first phase of the project will have a throughput of 60 000 t/y.

The second phase, planned for commissioning during the fourth year, will double mill throughput to 120 000 t/d.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project has an estimated after-tax net present value, at an 8% discount rate, of $2.5-billion and an internal rate of return of 17.1%.

Capital Expenditure
Phase 1 will cost about $1.9-billion and Phase 2 about $1.6-billion.

Planned Start/End Date
A production decision is expected by mid-2025, with a goal of first production by the end of 2027.

Latest Developments
Canada Nickel Company has signed a significant agreement with the Mattagami, Matachewan and Flying Post First Nations, members of the Wabun Tribal Council, to advance the project. 

The agreement establishes a framework for business and employment opportunities while laying the groundwork for a comprehensive impact benefits agreement (IBA).

The agreement outlines commitments for open-book negotiations on key contracting opportunities, including the construction of a 25.2 km railway line, the relocation of Highway 655 and a temporary overpass on the highway. Scheduled to start between 2025 and 2029, these projects will prioritise First Nations businesses, fostering economic development, partnerships and regional growth.

The IBA establishes mechanisms for transparency and engagement, including regular consultations and the appointment of a First Nations business representative to coordinate opportunities within the project. It also prioritises access for First Nation-owned businesses in project contracts and provides specialised training programmes to enhance local skills development.

Key Contracts, Suppliers and Consultants
Ausenco Engineering Canada (PEA and front-end engineering design).

Contact Details for Project Information
Canada Nickel Company, email info@canadanickel.com.