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HC post - regarding Axiom , and the clear investment case for...

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Aqua65

5,107 Posts.

3096

23/09/18

13:02

Post #: 35781821
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Originally posted by Aqua65 ↑

1. It is not quite as simple as that —
ALL Nickel , metal briquettes etc - can be converted to Nickel , including then into nickel sulphides . It is only the cost which is the issue .

But it is not inequitable , actually- at all , to gain nickel sulphides from nickel laterites sources .
***In fact - Nickel laterite ores will be important feedstock - for Processors - to make up the shortfall in Nickel supply . *

Cobalt as a credit within the ore , plus Scandium likely increasingly as it steadily is extracted in higher quantities globally - will be utilised also much more . (Aluminium particularly)
* you are correct in that purity is everything with nickel sulphides- required for in batteries , with current favoured lithium ion batteries for EVs .

( I posted about this - took notes even for all - a few weeks ago . Others have also picked up on this. )
@moonlight - seems to be a new holder now , he posted another good link a few weeks ago

2. EV batteries - or batteries per se — are only a tiny part of the Nickel market ~ 3% from memory (** although yes - growing exponentially year on year into the next decade at least at average of 4.5 — 5.5 % increase year on year , over current usage . This is well understood. )
Hence the importance of Nickel supply coming on to the market from now .

**~ 73% of Nickel is end- used in Asia .
By far and away - the huge majority use of nickel is for Stainless Steel, galvanising , and even nickel pig iron being better converted - such that aluminium , may soon be able to be strengthened, with greater Ni ? / ( scandium perhaps too ?) — so that aluminium will be able to even be welded , and direct soldered rather than existing difficulties in joining aluminium parts in manufacture .

The huge nickel global market - as is increasing demand for nickel , will be overwhelmingly supplied by oncoming laterite sources .
Nickel Laterites—
Are going into steel , stainless steel , and galvanising / steel strengthening whilst decreasing overall weight .

You are correct with main thing- Electric vehicles are contributing greatly to increased Nickel demand - to keep weight down and for other reasons -
EVs - are far more Nickel Rich - in their construction. ie . the steel .

EVs - utilise - far higher amounts of copper wire / Copper , as well as NICKEL.

All the best .

Expand

HC post - regarding Axiom , and the clear investment case for Nickel Laterite ore , especially the San Jorge , nickel laterite ore with cobalt :
https://hotcopper.com.au/threads/avq.4417061/page-98?post_id=35582621#.W6b99xZ_WEc

Draw your attention to the following points -

** Battery demand - pure sulphides ,
NB- nickel sulphides are not as critical as believed generally .

*Nickel (battery grade even) sulphides can be generated from all sources of Nickel - made. Depends on costs / demand requirements

*****Battery usage of Nickel is currently only 3% of world usage . *********
(Apologies above - is increasing at rate of 30% per year - becoming more and more significant.., in the Future . )

****Stainless steel , steel alloying , galvanising —accounts for 79% of world use and demand for nickel - increasing at average of 5-5.5% per year - way into the foreseeable future !
NB-
Stainless steel , galvinising demand for nickel - demand for suitable laterite nickel ores - has increased by 8% in first quarter of 2018 .
(laterites , including ferrous iron nickel ‘pig iron’ also . Adaptable . Multi - uses )

—Stainless steel nickel cannot be recycled

****Watch the LME - Nickel commodity outlook , which explains all this - in London video a few weeks ago . ** ( only ~ 30 minutes )
(Someone also has posted it separately- in new Nickel Ore thread . )

AVQ Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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