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The NiWest nickel-cobalt project is said by its developer, Alliance Nickel, to be high quality, low carbon and low cost enough to defy the current market downturn.
Nickel laterite deposits represent one of the most significant resources of nickel and associated critical metals, formed during the prolonged weathering of ultramafic rocks in tropical regions.
New nickel projects are quite hard to find. This is because large scale nickel sulphide ore projects are rare or deep underground and nickel laterite projects can have a huge CapEx.
But more recently firms in Indonesia, led by Tsingshan, a Chinese metals giant, have worked out how to efficiently turn nickel laterites into the purer stuff. Their techniques have been innovative ...
South32 sells its Cerro Matoso nickel mine in Colombia to CoreX Holding for $100 million as part of its strategy to focus on higher-margin commodities.
However, nickel laterites are fast becoming recognised as major contributors to the clean-energy transition as the demand for nickel grows and the processing tech improves.
Sustainable nickel extraction using hydrogen plasma offers a cleaner, faster, and carbon-free method for future production.
Currently at least, the WA laterite nickel players with compliant resources can be bought for less than 1c a pound of nickel. If the rise of the laterites pans out as Garimpeiro suspects, that ...
Cobalt-nickel-scandium laterite profile at Karaçam, Turkey. aprolite and oxide zones (Lim = goethite; Hem = hematite) overlain by a friable silica ‘cap'. Scandium is concentrated in discrete green ...