The KE Report

FPX Nickel - Scoping Study For Nickel Refinery Plan & 2025 Work at Baptiste Nickel Project


Listen Later

 

Martin Turenne, President and CEO of FPX Nickel (TSX-V: FPX - OTCQB: FPOCF), joins me to discuss the company’s latest developments, including a scoping study for North America’s first large-scale nickel sulfate refinery, and the 2025 roadmap for the Baptiste Nickel Project, in central BC, one of the world’s largest undeveloped nickel deposits.

 

Key Interview Highlights:

  • Scoping Study – A Made-in-Canada Nickel Sulfate Refinery:
  • FPX released a scoping study evaluating a standalone refinery to process Baptiste’s concentrate into battery-grade nickel sulfate, creating a vertically integrated EV supply chain solution in Canada.

  • Strategic Positioning in Critical Minerals:
  • Martin outlines how FPX is leading peers with clear, actionable steps toward domestic refining capacity—an essential piece of North America's EV supply chain strategy.

  • 2025 Work Plans for the Baptiste Project:

    1. Entry into the Environmental Assessment (EA) process expected in Q4 2025

    2. Ongoing environmental baseline work, engineering studies, and geotechnical drilling

    3. FPX is the first company accepted into BC’s new Critical Minerals Office (CMO), helping streamline EA permitting

    4. Government Policy & Industry Tailwinds:
    5. Martin shares insights from ongoing provincial and federal discussions. While government capital may be limited, support for faster permitting and critical mineral policy is the focus.

    6. Global Nickel Outlook & Indonesia's Dominance:
    7. Despite nickel prices remaining subdued around $7/lb, nearly 50% of global production is unprofitable at this level, especially in Indonesia.

    8. Strong Balance Sheet in a Challenging Market:
    9. FPX remains well-capitalized with ~C$30 million in cash, setting it apart from other junior nickel peers.

    10. Global Generative JV with Japan's JOGMEC:
    11. Exploration efforts are ongoing to identify additional awaruite-hosted nickel deposits globally. More news expected in the coming weeks.

      Visit FPX Nickel’s website for full technical details and recent news releases.

      ...more
      View all episodesView all episodes
      Download on the App Store

      The KE ReportBy KE Report

      • 4.3
      • 4.3
      • 4.3
      • 4.3
      • 4.3

      4.3

      12 ratings


      More shows like The KE Report

      View all
      Macro Voices by Hedge Fund Manager Erik Townsend

      Macro Voices

      3,067 Listeners

      Sprott Money News by Sprott Money

      Sprott Money News

      149 Listeners

      Mining Stock Education by Bill Powers

      Mining Stock Education

      141 Listeners

      Mining Stock Daily by Trevor Hall

      Mining Stock Daily

      98 Listeners

      The Market Huddle by Patrick Ceresna & Kevin Muir

      The Market Huddle

      356 Listeners

      Palisades Gold Radio by Collin Kettell

      Palisades Gold Radio

      263 Listeners

      Value Hive Podcast by Brandon Beylo

      Value Hive Podcast

      93 Listeners

      ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

      ITM Trading Podcast

      75 Listeners

      Wealthion - Be Financially Resilient by Wealthion

      Wealthion - Be Financially Resilient

      376 Listeners

      The Jay Martin Show by Jay Martin

      The Jay Martin Show

      72 Listeners

      Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

      Thoughtful Money with Adam Taggart

      418 Listeners

      The Julia La Roche Show by Julia La Roche

      The Julia La Roche Show

      69 Listeners

      The David Lin Report by The David Lin Report

      The David Lin Report

      45 Listeners

      Commodity Culture by Jesse Day

      Commodity Culture

      22 Listeners

      Monetary Matters with Jack Farley by Jack Farley

      Monetary Matters with Jack Farley

      154 Listeners