Canada Nickel Company (TSXV: CNC) has received Canadian government backing for C$4.38 million in funding to support the development of the company’s Crawford nickel sulphide project in Ontario.
The global nickel market is poised for a larger surplus next year, driven by continued production expansion in Indonesia, Japan’s largest nickel smelter Sumitomo Metal Mining said on Wednesday.
The Steel Authority of India Limited (SAIL), the largest government-owned steel producer in India, and resources company BHP, are collaborating to support steelmaking decarbonisation.