Wyloo is a globally integrated nickel company that invests in and delivers the critical minerals and materials needed to decarbonize the world. Our portfolio of producing assets and projects are in two of the world’s most prolific nickel belts in Kambalda, Western Australia, and the Ring of Fire region in Northern Ontario. We are committed to enabling a safe supply of high-grade clean critical minerals from extraction to processing, using the highest standards of environment and social sustainability that make our operations the benchmark for mines of the future.
Wyloo’s flagship project in the Ring of Fire region is the Eagle’s Nest Project, one of the most significant, undeveloped, high-grade nickel, copper, and platinum group element (PGE) deposits in the world. With sustainability at the heart of its design, we are implementing industry-leading technologies and processes that will support responsible development as we aim to be a net-zero carbon emissions mine.
Importantly, we are building the Eagle’s Nest Project through a co-management approach with First Nations communities by forming genuine partnerships and mutual collaboration, ensuring our success means progress for everyone. We believe development in this region represents a real opportunity for Northern Ontario’s Indigenous communities to achieve economic empowerment in the next decade and our commitment is to provide training and employment, as well as awarding at least $100 million in contracts to Indigenous-led businesses as we move forward with development in the region.
The current mine design for Eagle’s Nest is planning for a small development footprint of approximately one square kilometre, utilizing underground mining methods to extract the ore. The mine will also be the first of its kind to store 100 per cent of its tailings underground. This innovative and sustainable design translates into no surface tailings, no surface quarry, no open pits, and no surface waste rockpiles, ensuring minimal disruption to the surrounding environment.
A local opportunity today for a cleaner and greener tomorrow
The global push for energy efficiency and decarbonization commitments has significantly increased the demand for renewable energy technologies. Specifically, as a key element in electric vehicle batteries, nickel is critical in the scaling up of clean energy and a more sustainable future. However, where Canada once dominated in the global output of nickel, production continues to decline without new supply.
Our Eagle’s Nest Project represents the best opportunity for responsible critical mineral development in the country. Over the course of its mine-life, the potential 20-year supply of nickel can produce batteries for up to 500,000 electric vehicles annually, providing an integral, onshoring source of critical metals for the emerging battery market in Canada.
The deposit also represents a cornerstone for developing additional downstream processing opportunities. With plans underway to develop Australia’s first downstream nickel processing facility, Wyloo is committing $25 million toward feasibility studies into building a similar facility in Ontario, leveraging our experience in Australia to build Canada’s first integrated battery materials facility. This will create a secure, critical material supply chain and retain the maximum portion of Canada’s critical minerals value within the country.
