Canada Nickel (TSXV:CNC) - Government Fast-Track Targets 2026 Construction Decision for Crawford

Interview with Mark Selby, CEO of Canada Nickel

Our previous interview:  https://www.cruxinvestor.com/posts/canada-nickel-tsxvcnc-major-projects-office-fast-tracks-crawford-build-8552

Recording date: 14th January 2026

Canada Nickel has achieved critical milestones positioning its Crawford nickel sulfide project for a construction decision by year-end 2026, securing both federal Major Projects Office designation in November 2025 and Ontario's "one project, one process" fast-track permitting status on January 13, 2026. These designations reflect coordinated government commitment to establishing domestic critical mineral supply chains independent of Chinese influence.

The company has transformed the Timmins region into the world's largest nickel sulfide district, expanding from two resources at year-end 2024 to eight separate resources totaling over 20 million tons of contained nickel. The recently announced Reid deposit demonstrates superior economics with half Crawford's strip ratio, one-third less overburden, and 15% chromium content. CEO Mark Selby indicated the company has identified three to four additional deposits potentially offering higher value than the flagship Crawford project.

Strategic validation comes from a diversified investor base including Anglo American, Agnico Eagle, Samsung SDI, and Taykwa Tagamou Nation, which invested $20 million directly. This cornerstone group spans major mining operators, battery supply chain participants, and Indigenous partners, demonstrating confidence across the value chain.

Canada Nickel's downstream processing strategy targets 70-90 cent per pound North American premiums by converting concentrate into products for stainless steel and battery markets. This approach aligns with government priorities around value-added manufacturing while capturing sustained regional pricing advantages. The company has completed front-end engineering design with Hatch, moving beyond standard feasibility-level work to reduce execution risk.

The 2026 timeline includes federal permit approval by mid-year, initial government funding announcements in Q1, and financing package completion by Q3. Ontario Minister Stephen Lecce publicly committed to "go full tilt to unlock one of the world's largest nickel deposits," representing invested political capital that reduces regulatory uncertainty. Combined with first-quartile cost positioning from iron and chromium byproducts, existing infrastructure, and an experienced local workforce, Crawford represents Canada's tactical execution of critical mineral supply chain independence.

View Canada Nickel's company profile: https://www.cruxinvestor.com/companies/canada-nickel

Sign up for Crux Investor: https://cruxinvestor.com