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The latest announcement is out from Canada Nickel Company ( (TSE:CNC) ).
Canada Nickel Company has been awarded $500,000 by Ontario’s Critical Minerals Innovation Fund to advance its nickel processing facility through NetZero Metals Inc. The project aims to produce over 75,000 tonnes of nickel annually while utilizing biochar to minimize carbon intensity, positioning Ontario as a leader in clean resource development and supporting the global energy transition.
More about Canada Nickel Company
Canada Nickel Company Inc. operates in the critical minerals industry, focusing on nickel processing and production. The company is committed to developing sustainable and innovative solutions, including its subsidiary NetZero Metals Inc., to support the battery metal supply chain and reduce carbon emissions.
YTD Price Performance: -8.91%
Average Trading Volume: 35,793
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $108.2M
For a thorough assessment of CNC stock, go to TipRanks’ Stock Analysis page.
