{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Canada Nickel (TSXV:CNC) - 2nd Largest Resource Globally Shows Strong Economics","html":"","width":"100%","height":180,"duration":1002,"description":"Interview with Mark Selby, CEO of Canada Nickel (TSXV: CNC)\nOur previous interview: https://youtu.be/5hS7udi1JYk\nRecording date: 12th October 2023\nCanada Nickel Company recently completed a feasibility study on its flagship Crawford nickel-cobalt sulfide project located in Ontario, Canada. We caught up with Mark Selby to discuss the FS and how the results demonstrate the potential for Crawford to become a large-scale, low-cost nickel mine.\nHighlights from the feasibility study include:\n- An after-tax net present value (NPV) of US$2.5 billion using an 8% discount rate. This increases to US$2.6 billion when factoring in expected carbon capture tax credits.\n- An after-tax internal rate of return (IRR) of 17.1% that improves to 18.3% with carbon capture credits.\n- Initial capital costs estimated at US$1.7 billion to support a 120,000 tonnes per day operation.\n- A 41-year mine life with average annual production of 38,000 tonnes of nickel, 67,000 tonnes of chromium, 1.4 million tonnes of iron and 1.3 million tonnes of carbon captured.\n- Life-of-mine C1 cash costs of US$0.39 per pound of nickel produced.\n- Life-of-mine all-in sustaining costs estimated at US$1.54 per pound of nickel.\n- Average annual EBITDA of US$811 million and free cash flow of US$546 million.\n- The feasibility study confirms Crawford as one of the world's largest nickel reserves and resources. - The project is expected to benefit from carbon capture tax credits given its large-scale carbon sequestration plans.\nCanada Nickel has also consolidated a district-scale land package around Crawford with over 20 nickel exploration targets identified. The potential exists to develop multiple large nickel mines in the Timmins region leveraging central infrastructure.\nLearn more: https://cruxinvestor.com","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}