2012 is around the time Wingellina could be expected to start production .The largest single cost in producing nickel from laterite is the sulfuric acid .Wingellina has major cost benefits due to the very low impurities that will allow them to use around half the acid that comparable projects such as Murrin Murrin use . Short term nickel prices will have no affect project economics .Some large projects have been delayed already and more will not come online by due dates .
Nickel, copper outlook strong Allan Seccombe Posted: Mon, 04 Feb 2008 [miningmx.com] -- NICKEL prices will range between $20,000 and $25,000/tonne over the next three years, with the potential to spike to $40,000 on unexpected delays in bringing new mines into production and smelter capacity issues, said Jessica Cross, the CEO of Virtual Metals.
There will be an estimated supply deficit of 500,000 tonnes by 2012, but this will be cut by half if all planned production comes on stream without a hitch, Cross said at the Mining Indaba in Cape Town.
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