SPC Nickel enters agreement with Vale to consolidate deposits in Sudbury camp
SPC believes that the West Graham and Crean Hill 3 deposits constitute the eastern and western portions of a large, near-surface nickel-copper sulphide deposit.
Analysts at Wood Mackenzie estimate an additional 360 million tonnes of aluminum, 90 million tonnes of copper and 30 million tonnes of nickel will be needed over the next 20 years.
Half the world’s copper mining is controlled by just three countries, and China alone refines 40% of the metal central to the green energy transition away from fossil fuels.