News that Vale Manitoba Operations could possibly spend $1 billion over five years to deepen Thompson mines in anticipation of a growing demand for nickel as a component of batteries for electric vehicles made Thompson the talk of November’s mineral exploration conference in Winnipeg.
Gary Eyres, head of Manitoba Operations, told attendees at the Central Canada Mineral Exploration Convention about the proposed investment, first revealed to members of the Thompson Chamber of Commerce at their Nov. 13 lunch meeting.
“Once we get approved – and I really am confident we will get this approval – we are looking at nearly $8 billion in economic benefit to the region over the next 25 years,” Eyres was reported as saying in the Winnipeg Free Press. Coun. Judy Kolada, who attended the convention, told her fellow councillors at the conclusion of their Nov. 25 meeting that Thompson was in the spotlight at the convention. Continue Reading →