Homeland Nickel and Westwin Elements Seek to Offer Mining to Refining Solution for American Nickel Demand
Homeland Nickel and Westwin Elements Seek to Offer Mining to Refining Solution for American
Nickel Demand
Toronto, Ontario – May 14, 2026 – Homeland Nickel Inc. (“Homeland” or the “Company”) (TSX-V:
SHL, OTC: SRCGF), is pleased to announce it has signed a Memorandum of U nderstanding (MoU) with
Westwin Elements Inc. (“Westwin”) of Oklahoma to develop a “Made in America” solution for nickel
mining, processing and refining. In the MoU, Homela nd and Westwin agree to conduct an international-
standard Bankable Feasibility Study (“BFS”) evaluati ng the fully integrated value chain. Westwin has
constructed an operational demonstration plant using vapour meta llurgy to produce high-purity nickel
products that is operated by an experienced team with over 250 years of in-house nickel carbonyl expertise
led by Dr. Dmitri Terekhov, a globally recognized leader in carbonyl processing, who holds more than 20
patents and has published 38 technical papers on mineral processing technology.
Speaking to the MoU and Westwin, Homeland President and CEO Steve Balch said “Our relationship with
Westwin will allow us to focus on the mining and concentrating of our nickel laterite. The goal is to mine,
process and refine nickel wholly within America for the American market.”
Founder and CEO of Westwin, KaLeigh Long added “Thi s is another major step toward building a fully
integrated American nickel supply chain. For too long, the United States has depended on foreign-controlled
minerals that are essential to our defense industria l base, energy security, and advanced manufacturing
sectors. We’re proud to work with Homeland Nickel to create a stronger and more secure supply chain that
supports American workers, American industry, and American interests.”
FOR FURTHER INFORMATION PLEASE CONTACT:
Stephen Balch, President & CEO, Homeland Nickel Inc.
Phone: 905-407-9586
Email: [email protected]
Marissa Espinosa, Chief Public Affairs Officer, Westwin Elements Inc.
Phone: 270-321-2882
Email: [email protected]
Qualified Person
Stephen J. Balch, P.Geo. (ON), the Company’s President and CEO and a “Qualified Person” under National
Instrument (NI) 43-101, has reviewed and approved the technical content of this news release.
About Homeland Nickel
Homeland Nickel is a Canadian-based mineral explor ation company focused on critical metal resources
with nine nickel projects in Oregon, United States. The Cleopatra Property alone contains a historical
resource of approximately 40 Mt of laterite grading 0.92% nickel making it the largest undeveloped nickel
resource in the continental United states. Homela nd Nickel’s common shares trade on the TSX Venture
Exchange under the symbol “SHL”. More detailed information can be found on the Company’s website at:
http://www.homelandnickel.com
About Westwin Elements
Westwin Elements is America’s only Class 1 nickel refinery, also producing cobalt and manganese
byproducts Westwin currently operates a demonstra tion plant in Oklahoma that produces high-quality
nickel products using a vapour metallurgy process known as nickel carbonyl refining. The nickel carbonyl
process produces no solid or liquid wastes and leaves no residue in the finished processed material. Finished
products include high-purity nickel powder and briquettes.
http://westwinelements.com
Cautionary Statement
This news release may contain assumptions, estimates, and other forward-looking statements regarding
future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to
factors, many of which are beyond the Company's contro l that may cause actual results or performance to
differ materially from those currently anticipated in such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts res ponsibility for the adequacy or accuracy of this
release.