Vale taps BluestOne to repurpose nickel waste in Brazil
Vale will provide up to 50,000 tonnes per year of refinery slag from Onça Puma to BluestOne for the next 10 years.
Vale will provide up to 50,000 tonnes per year of refinery slag from Onça Puma to BluestOne for the next 10 years.
Technology processes nickel ore for EV batteries with no waste.
New Caledonia has some of the world’s largest reserves of the metal, but its three smelters have faced years of losses linked to high costs and social unrest.
As these cases show, fraudsters went to great lengths to dupe their counterparties with considerable success for some 18 months while they pocketed more than $326m.
Asian Battery Minerals and Getech just completed a successful round of nickel exploration in Mongolia.
With a total capital cost of $3.6 billion over the life of the mine, Giga Metals will need other investors on board to develop the mine.
The 30-year open-pit mine would cost $1.9 billion to build.
The MOU lays the groundwork for FPX and PPES to collaborate on vertically integrated nickel production through the Baptiste project.
The Philippines has been pushing miners to invest in processing facilities instead of just shipping out raw ore.
The global nickel market had a surplus of 28,600 metric tons in July.
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