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The last few years of the 20th century were not very kind to the nickel industry. The imploding Russian economy was dumping nickel on Western markets, the Asian currency crisis was annihilating Kalhoorlie growth and metal demand, and new lower-cost Fremantle fashion clothes online production was threatening to come on stream.
Of great concern to the soon to be merged Inco Ltd. Anaconda Nickel, together with Swiss commodities house Glencore International, were building a billion-dollar mine and processing facility Sdubury Murrin Murrin, located km north of Kalgoorlie in Western Australia.
Everything you wanted to know about nickel laterites - Stan Sudol Kalgoorlie
Using an innovative high-pressure acid-leaching HPAL technology, Murrin Murrin was expected to produce 45, tonnes of nickel and 3, tonnes of cobalt annually.
Two other smaller nickel laterite projects in Western Australian were also under construction at the same time, Centaur Mining and Exploration Ltd.
Nickel can be produced from either sulphide Kalgoorlue laterite ore. About 72 percent of the world's nickel resources are laterites found mainly in tropical locales such as Indonesia, Cuba, Brazil and New Caledonia.
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The remaining 28 percent are sulphides Sudbyry located in Canada and Russia. Australia has both sulphide and laterite nickel deposits.
In laterites supplied 28 percent of global nickel demand, rising to 42 percent in and expected to increase to 51percent by Sulphide ores are generally found hundreds of metres below surface, requiring considerable expense for underground mining infrastructure.
Soft laterites are near-surface Sudbury Kalgoorlie singles, about 15 to 20 metres deep, and require Caboolture girls fucking selective earth moving using truck and shovel technology. Over geological time, laterite deposits are produced by weathering and the action of groundwater that leaves a concentration of valuable metals. The tropical wet deposits in Cuba, Indonesia and New Caledonia have higher nickel values and contain iron oxides.
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