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Ferro-alloys.com：According to the website of MINING WEEKLY, the privately-owned Brazilian Nickel's Piauínickel project (PNP) financial feasibility study (BFS) is about to begin. , Investment partners TechMet and Anglo PaCIFic provided financial support for the development of the project.

The financial feasibility study report of the Piaui nickel mine project will be the next step in the development of the mine; the mine will produce an average of 25,000 tons of nickel and 900 tons of cobalt per year.

Extensive drilling has been carried out for the project. The Measured & Indicated resources that meet the JORC standard are 72 million tons (1.0% nickel and 0.05% cobalt), of which 73% of the resources can be classified as Proved resources (measured category).

The Piaui nickel-cobalt deposit is a protruding hill in topography, the type of mineralization is laterite type, and the mining method is open-pit mining. The ore structure is agglomerate, with high quartz content, excellent metallurgical properties and heap leaching kinetics, high nickel and cobalt leaching rate, and low acid consumption. At the same time, the surrounding infrastructure of the project is in good condition, close to roads and railways, there are a lot of water sources nearby, the terrain is flat, the climate is dry, and the community is simple. At present, the Brazilian Nickel Industry Company has obtained a mining license and the main environmental license (LP) for the entire project.

Mike Oxley, Chief Executive Officer of the Brazilian Nickel Industry Corporation, said, “Piaui Mine’s nickel and cobalt products will target new growth markets, such as lithium-ion battery cathodes for electric vehicles. And for the post-epidemic era. Provide services for the development of infrastructure and manufacturing”. 

• [Editor:zhaozihao]