Nion Nickel
At Kinterra, we believe in global citizenship and creating more equitable access to opportunities for future generations of leaders, thinkers, and innovators across the globe.
Nion Nickel's Dumont Nickel Project is one of the world’s largest undeveloped nickel sulphide deposits, fully permitted and feasibility-stage, with the potential to integrate into a sustainable critical mineral supply chain in North America.
Investment Highlights
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Project Overview
In 2023, Kinterra’s Fund I acquired a percentage ownership in Nion Nickel Inc. (Nion), which owns 100% of the Dumont Nickel Project in Québec’s Abitibi mining region. Located 25 kilometers west of Amos, Dumont is one of the world’s largest undeveloped nickel sulphide deposits and is fully permitted and in the feasibility -stage. The project is positioned to become a cornerstone of sustainable critical mineral production in North America. Dumont is designed for a mine life of more than 30 years, underpinned by proven and probable reserves of over one billion tonnes grading 0.27% nickel and 107 ppm cobalt. At steady state, the project is expected to produce approximately 42,000 tonnes of nickel and 1,300 tonnes of cobalt in concentrate annually.
The project benefits from strong regional support, including partnerships with local stakeholders and First Nations groups, and enjoys excellent access to infrastructure, including established road and rail networks and Québec’s low-carbon hydroelectric grid. With all major environmental approvals in place, Nion is advancing Dumont toward a financing and construction decision.
Strategic Holdings
Our strategic holdings represent critical material projects and associated infrastructure that are essential to the modern economy. We invest in assets with scale, resilience, and clear development pathways, working alongside strong local partners to unlock long-term value.
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