Waterton seeks up to $1 billion for Dumont nickel mine
The auction is expected to draw interest from other miners, automakers, battery makers and financial players.
The auction is expected to draw interest from other miners, automakers, battery makers and financial players.
Carbon sequestration rates at the project were 50% greater than the average rates of capture at BHP’s Mount Keith mine in Western Australia.
Toronto-based PolyMet Mining said it disagrees with the EPA’s new conclusion.
The underground mine is currently running at 40% of its capacity and is on track to return to full capacity by the end of June.
Preliminary testing carried out by the University of British Columbia shows the Turnagain nickel project has potential for significant mineral sequestration of CO2.
Mined production last year was 771,000 tonnes, twice as much as the world’s second largest producer the Philippines.
Rising near-term supplies are the primary driver for a bearish 2021 price outlook.
A study by Skarn Associates shows that the Crawford nickel-cobalt sulphide project in Ontario is set to produce 2.05 tonnes of CO2 per tonne of nickel-equivalent production over its 25-year mine life.
The coronavirus pandemic highlighted the importance of securing supplies on a regional level and further strengthen western countries’ desire to end reliance on China.
Global per-vehicle use of nickel and cobalt has fallen by a fifth over the past year – in China, it’s down by more than 40%.