Mining project in Canada. Extracting nickel and stainless steel, southwest /Canada (Canada)
from 04/2018 expected till 04/2019
Mining project in Canada. Extracting nickel and stainless steel
The mining project is located in the southwestern part of Canada, the reserves of which this project consist of 50% nickel (Ni) and the remaining 50% stainless steel (Ni + Fe) mixed in their natural state. Because of its proximity to the port and its favourable climatic conditions, this means it can be extracted year-round, which is not normally the case in Canada. There are other projects that can extract only half a year due to climatic conditions.
The proved reserves of 200 million tons to a portion of 0.25% nickel per ton. The in-situ value of the reserve is around $ 6 trillion.
As with all mining projects, the beneficiaries are the inhabitants of this environment, which in turn, due to the opening of jobs and improvement of living conditions be it the road, the infrastructure, etc. which in this project are quietly improved to work with this extraction technology.
More than 2000 people with direct and indirect work, nationals and foreigners in this environment will work here.
The extraction itself, depending on the technology being implemented, yields results two years after launch and then generates daily resources.