Brazilian Nickel - nickel and cobalt for Li-ion batteries
Advanced stage project in Brazil, applying proprietary heap-leach technology to treat laterite ores to produce Class 1 nickel and cobalt products for the growing Li-ion battery market.
- The Piauí Mine is a low-cost operation that produces battery-grade nickel and cobalt hydroxides
- First commercial nickel production was achieved in mid-2022
- A significant expansion will take place in 2023 with the development of a larger scale plant to ramp production up to a target of 25kt p.a. of nickel by 2025
The operation has a significantly lower overall environmental footprint relative to many other nickel operations, with inherently low-carbon intensity (no heat or pressure used) and zero wet tailings or discharge.