More great information that BSX's lower grade Ni will benefit from.
And BSX will be using hydro power in its mining & refinery- which, crucially, satisfies the increasing ESG concerns: BSX has Green Ni!"New sources of battery nickel
As demand for nickel increases from the battery industry there is likely to be pressure on the supply chain. There are very few traditional high grade nickel sulphide projects which can be developed to fill the gap and, as we noted above, developing laterite HPAL projects brings ESG and capital cost issues.
I believe that lower grade sulphide projects are one way to rapidly expand battery grade nickel production. Historically these sort of low grade, high tonnage nickel projects have been shunned but lower grade, higher tonnage copper projects remain popular. In my DecemberblogI discussed my belief that it’s time for lower grade nickel sulphide projects to come to the fore.
There is no doubt that ESG is becoming of increasing importance in the mining industry, and this is particularly so in the market for battery raw materials. OEMs are pushing miners to focus on as clean as possible production pathways and that’s going to have substantial ramifications on supply for the nickel market in particular. OEMs will prefer to access less carbon- and waste-intensive processing pathways which is likely to make sulphide orebodies more attractive than laterite and, in addition, sulphide orebodies in regions with clean power sources. This could put pressure on the supply chain in coming year".
https://www.batterymaterialsreview.com/ourblogs/how-high-can-the-nickel-price-go/
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