FPX Nickel Corp
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in mil. unless spec.Company Description
- CEO
- Martin Turenne
- Full Time Employees
- 12
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 1155 West Pender Street Vancouver BC Canada V6E 2P4
- IPO Date
- Sep 18, 1995
- Website
- fpxnickel.com
- Similar Companies
- Business
- FPX Nickel Corp. (TSX-V: FPX) is a Vancouver-based junior nickel mining company focused on the acquisition, exploration, and development of mineral properties primarily in Canada; the company explores for nickel and iron deposits featuring awaruite (Ni3Fe) mineralization, with its flagship Baptiste Nickel Project located in the 100%-owned Decar Nickel District spanning 451 square kilometers in central British Columbia; operations target bulk-tonnage open-pit mining with low strip ratios, magnetic separation, and flotation to produce high-grade nickel concentrate (approximately 60% nickel) suitable for direct feed into stainless steel production or further refining into battery-grade nickel sulphate, mixed hydroxide precipitate, cobalt precipitate, and copper products for the electric vehicle supply chain; founded in 1995 as First Point Minerals Corp. and renamed FPX Nickel Corp. in 2017, the company maintains headquarters at Suite 320, 1155 West Pender Street, Vancouver, British Columbia, with additional offices in Fort St. James and activities centered on low-carbon nickel production leveraging nearby hydroelectric power, rail access, and proximity to North American battery plants and deep-water ports. The Baptiste Project's pre-feasibility study, completed in September 2023, outlines a 29-year mine life producing an average 59,100 tonnes of nickel annually at C1 operating costs of US$3.70 per pound, positioning it among the world's largest and lowest-cost nickel developments; recent advancements include a C$14.4 million strategic equity investment from Sumitomo Metal Mining in January 2024 granting offtake rights for up to 60,000 tonnes of nickel, a prior C$16 million investment from Outokumpu in 2023 with similar offtake rights, extension of the Global Generative Exploration Alliance with Japan's JOGMEC into a joint venture starting April 2025 where FPX holds a 60% interest in new awaruite projects with a C$1.5 million budget, a September 2023 MOU with Toyota-Panasonic's Prime Planet Energy & Solutions and JOGMEC for EV battery supply chain collaboration, C$725,000 critical minerals funding from the Government of Canada in 2023 for nickel sulphate piloting, renewal of its normal course issuer bid on December 3, 2025 allowing repurchase of up to 5 million shares, and an October 2025 exploration agreement with Takla Nation for the Klow property alongside ongoing 2025 activities at Baptiste and the Van Target discovery.
Company News
THE Mining Investment Event Announces 2026 Issuers and Welcomes New and Returning Partners
Northern First Nations Unite Behind FPX Nickel 2025 Critical-Minerals Program and Sign Collaboration MOU.
THE Mining Investment Event of the North, Quebec City - June 4-6, 2024 Announces Keynote Speaker, Pierre Fitzgibbon, Quebec Minister of Economy, Innovation and Energy
FPX Nickel announces $14.5M strategic equity investment by Sumitomo Metal Mining
FPX Nickel inks battery supply chain MoU with Japanese companies
FPX Nickel announces $16 million investment from steel producer
FPX Nickel appoints Cooper Quinn as new CEO of carbon capture subsidiary CO2 Lock
FPX Nickel executes development memorandum of agreement with indigenous partner for Decar Nickel District
FPX Nickel says engineering studies have upped the value of Baptiste nickel project in British Columbia
FPX Nickel says new lab results solidify Baptiste project's potential as nickel industry's first carbon-neutral operation
FPX Nickel reveals 2022 drill plans for its Decar Nickel District project in British Columbia
FPX Nickel appoints mining industry veteran Anne Currie to its board of directors
FPX Nickel creates new subsidiary CO2 Lock to pursue large-scale, low-cost, and permanent carbon capture and storage
FPX Nickel releases results of 2021 Baptiste infill drilling program; reports third-highest grading interval ever intersected at deposit
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