Financing for the project will come in part through the sale of carbon credits, as Canada Nickel develop what is now a proprietary carbon storage method that allows it to store atmospheric carbon within the milled stone out of which the nickel is separated. Needed for stainless steel, plating, high-quality allows, and emerging as a must-have for next-generation EV batteries, the market for nickel as a globally-traded commodity is sequestered almost entirely within Indonesia, where poor tropical soils make mining nickel easy. Additionally, in 2024, nickel mining was identified as a primary national cause of deforestation on the islands of Sulawesi and Halmahera. The projected return on this capital is expected to benefit from the company receiving as much as 50% in tax credits for incentivizing carbon storage. SHARE This Story Of A Mine Becoming A Carbon Storage Powerhouse…Editor’s Note: This story should not be construed as investment advice, always perform due diligence and consult with your financial advisor before making any investment decision.