I did.
Extra costs to produce matte from NPI? Almost uneconomic even at these prices. Chinese NPI production costs range between US$3.50-$4.50 per lb, and we estimate that making nickel matte could add an estimated US$2 per lb, the sum still being less than the current nickel price. However with NPI and matte both receiving approximately 85% of LME price in sales, the additional cost of making matte from NPI translates into an LME price of US$7.60 per lb as a break-even cost for production. One has to question why NPI producers would add cost to receive the same revenue and reduced profit?
Article stated the nickel price tanked on the news...not for long, now well above that dip.
How about the carbon emissions from the process? Good lord, they're even predicting acid rain in the areas it would be processed.When one considers Indonesia’s primary sources of power, heavy fuel oil and coal, it quickly becomes apparent that these Indonesian HPAL plants will deliver what amounts to some of the dirtiest battery-making ingredients produced anywhere.
This makes nickel sulphide development projects like those found in Western Australia and like Giga Metals’ Turnagain project in Canada so attractive, with their straightforward metallurgy and low carbon intensity per tonne nickel produced.
I queston your motive for posting that article. Did you assume no one would read it?
There's a few very negative contributors to this thread that don't own the stock. It's highly suspicious.
You're invested in nickel? where and how?
Who are your management you speak of?
- Forums
- ASX - By Stock
- SGQ
- Ann: Nickel-Copper Sulphides Intersected Down-Plunge
Ann: Nickel-Copper Sulphides Intersected Down-Plunge, page-87
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.6¢ |
Change
0.001(4.00%) |
Mkt cap ! $28.30M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.6¢ | $133.5K | 5.087M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1233380 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 651559 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 38461 | 0.026 |
8 | 1802003 | 0.025 |
12 | 2514717 | 0.024 |
4 | 6021864 | 0.023 |
3 | 1578922 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 651559 | 3 |
0.028 | 650000 | 2 |
0.029 | 543662 | 3 |
0.030 | 1337777 | 5 |
0.031 | 14815 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
SGQ (ASX) Chart |