Canada Nickel to Purchase $1.5 Billion Load and Haul Fleet

Canada Nickel Company announced it has selected SMS Equipment Inc. and Komatsu to supply a load and haul fleet valued at $1.5 billion for its Crawford nickel mine project in Ontario.

This selection marks a significant step in the development of the Crawford project, which is slated to begin production in 2025. The agreement encompasses a large-scale procurement of equipment, including haul trucks, excavators, and other machinery essential for the mine's daily operations. Details regarding delivery schedules and technological integrations are critical for managing the project's timeline and budget.

The Crawford project aims to be one of North America's largest nickel mines powered by renewable energy. The company has emphasized environmental responsibility and sustainable development, with the new fleet forming a key part of this strategy. The goal is to minimize the carbon footprint of mining operations through the use of energy-efficient and low-emission equipment.

SMS Equipment and Komatsu are global leaders in the heavy equipment sector. Their expertise and technological capabilities are vital for the successful execution of Canada Nickel's project. The company anticipates the fleet's delivery to commence by late 2024, ensuring readiness for the start of production.