FPX Nickel Corp. (TSXV:FPX) (OTCQB:FPOCF) has announced results from the preliminary feasibility study (PFS) for its 100%-owned Baptiste Nickel Project in central British Columbia, with an after-tax NPV8% of $2.01 billion and IRR of 18.6% at $8.75 /pound Ni. The PFS has been prepared in accordance with National Instrument 43-101 (NI 43-101) and demonstrates the potential to develop a high-margin, long-life, large-scale and low-carbon mine with unparalleled flexibility to produce either a high-grade concentrate (60% nickel) for direct feed into the stainless steel industry or further refining into battery-grade nickel sulphate, cobalt precipitate and copper concentrate products for the battery material supply chain.

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