Proactive - Interviews for investors

FPX Nickel Produces Battery-Grade Nickel Sulphate at Baptiste Nickel Project

Episode Summary

FPX Nickel CEO Martin Turenne joined Steve Darling from Proactive to share significant advancements in the company’s Baptiste Nickel Project during an interview with Proactive. FPX has successfully completed pilot-scale hydrometallurgy refinery testwork, producing battery-grade nickel sulphate—a critical material for the EV battery market. Turenne noted that this milestone follows the successful 2023 bench-scale hydrometallurgy refining testwork and marks a major step forward in demonstrating the refining process of Baptiste’s awaruite concentrate. The pilot plant work was partially funded by Natural Resources Canada under the government’s Critical Minerals Research, Development and Demonstration program, aimed at advancing Canada's EV battery material supply chain. Turenne emphasized that if the Baptiste project progresses as expected, it could lead to a 50% increase in Canada’s annual nickel production, without impacting the country’s current nickel smelting or refinery capacity. This breakthrough represents a low-cost, low-carbon solution for linking mining to EV battery production. The results from the pilot plant are being incorporated into FPX’s Awaruite Refinery Scoping Study, which will provide detailed evaluations of capital and operating costs. The study is on track for completion in Q1 2025, offering valuable insights into the commercial potential of the awaruite refinery. #proactiveinvestors #fpxnickelcorp #tsxv #fpx #otcqb #fpocf #bcgov #bcpoli #BatteryNickel #ElectricVehicleBatteries #NickelSulfate #MiningNews #EVBatteries #CleanEnergy #NickelProduction #MartinTurenne #BatteryMaterials #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews