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Canada Nickel's Crawford project poised for late-2026 start amid strong backing and market shifts.

Analyst Insights
25 May 2026
Seeking Alpha
View Source
Bullish
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Canada Nickel holds the world's second-largest nickel reserve with strong government and strategic shareholder support for its Crawford project. Recent supply restrictions in Indonesia and shifts in Western policies have created favorable conditions, potentially enabling construction to start by late 2026. The project is valued with a target price of C$3.1, indicating a 90% upside, driven by key milestones like permitting, government funding, and construction progress. Risks include delays in permits, Indigenous stakeholder issues, and possible changes in Indonesian nickel policies that could affect prices and financing.

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