FEDNOR supports Nexco Inc. for advanced mining explosives tech

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Government Funding Boosts Innovation in Mining Industry

  • Nexco Inc. receives $809,000 in funding from FedNor to support the development of revolutionary explosive technology.
  • The project is expected to create 37 jobs and supply 11% of the North American market for ammonium nitrate.
  • Nexco Inc. aims to showcase their innovative explosive technology with the financial support from FedNor.

Nexco Inc.: Pioneering Green Mining Solutions

  • John Burrows, President of Nexco Inc., is excited about the company’s new process that promises to revolutionize the mining industry.
  • The company’s dedication to producing environmentally friendly explosives aligns with the growing demand for sustainable mining practices.
  • Nexco Inc. plans to design and construct a pilot plant to demonstrate the superiority of their water-resistant ammonium nitrate product.

Investment Driving Economic Growth in Northern Ontario

  • Anthony Rota, Member of Parliament for Nipissing–Timiskaming, praises the Government of Canada’s commitment to fostering innovation in Northern Ontario.
  • The investment in Nexco Inc. ensures the region’s continued excellence in the mining sector and paves the way for sustainable employment opportunities in the community.
  • The support from FedNor positions Nexco as a key player in the mining industry.
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