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Canada Nickel launches wholly-owned subsidiary to develop zero-carbon production of metals

Globalminingreview - Canada Nickel Co. Inc. has recently announced that it has created a wholly-owned subsidiary, NetZero Metals, to begin the research and development of a processing facility that would be located in Timmins, Ontario, Canada, with the goal of utilising existing technologies to produce zero-carbon nickel, cobalt and iron products.

The company has applied for trademarks for the terms NetZero NickelTM, NetZero CobaltTM, and NetZero IronTM in the US, Canada and other jurisdictions related to zero-carbon production of nickel, cobalt, and iron products.

“The electric vehicle industry and many other consumer sectors needs zero-carbon metal this decade – not in a nebulous 2050 timeframe contemplated by many other resource companies,” said Mark Selby, Chair and CEO of Canada Nickel.

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