Minerals & Metals · MB · #116 of 131 disclosed prospectus tickets

Thompson Nickel Mine

Summit deal plate Manitoba

Active mining + exploration; 2.5 Mt+ concentrate produced

At a glance

Proponent
Shastri Ramnath (proponent)
Capex (as printed)
US$200M
Capex (US$, midpoint)
US$200M
Stage
Under construction
Location
55.74°N, 97.86°W
Summit deal plate
Yes — in the 167-project prospectus pitched Sept 14–15 2026
Fast-track list
No MPO referral on record
Project location.

Modelled GDP contribution Modelled

Build 2026–2027 at 55% construction value-added, then 15% of capex per year operating. Peak US$55M/yr · cumulative 2026–40 US$485M.

US$0MUS$20MUS$40MUS$60M2026203020352040

Connectivity · nearest existing infrastructure

Straight-line distance from the project point to the nearest vertex of each network layer.

Railway49 km
Major highway701 km
Transmission ≥230 kV35 km
Pipeline651 km
PortChurchill403 km
Generating stationKeeyask (695 MW)165 km
City >50kWinnipeg653 km

Nearest other projects

Minago Critical MineralsMinerals & Metals153 km
McIlvenna Bay CopperMinerals & Metals310 km
Conawapa Hydro (revived)Power & Utilities313 km
Port of Churchill PlusMarine & Port403 km
Loki Flake GraphiteMinerals & Metals449 km

Also in Manitoba

Port of Churchill PlusAdvanced / FEEDUS$57B
Conawapa Hydro (revived)Early / conceptUS$13B – US$15B
Manitoba Renewable Fuel Production FacilityAdvanced / FEEDUS$1.4B
Minago Critical MineralsFeasibility / permittingUS$1.0B
Prairie SilicaAdvanced / FEEDUS$400M – US$500M

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