BSX - Green Nickel for EV's

Hey guys,

Just wanted to start a thread highlighting that BSX is a Green Nickel mine and future Nickel precursor (NCM) producer.

Quick summary from Scoping Study - (note: significant discoveries have been made since SS and will be provided in PFS 2021.)

• NCM Precursor currently trades at a ~35% premium to London Metal Exchange (LME) prices;
• ~12.7ktpa of Nickel units produced per annum over an ~8.5-year project life;
• Net Pre-tax cashflow of ~US$1.2 billion (US$1.03 billion to US$1.37 billion);
• Pre-tax NPV of ~US$665m (US$550m to US$780m) and IRR of 45% (38% to 50% IRR);
• Capital Payback period of ~2.5 years.

Now I want to highlight the Green Nickel mine capability. The world wants environmentally sourced mining.

“There is a tendency to trace the origin of the metal, and in the future the pressure will grow,” Vladimir Potanin, Norilsk Nickel’s CEO

The Ta Khoa NickelCu-PGE project is currently powered by South East Asia’s largest hydro power plant located nearby in the
Son La Province. The site is approximately 3km from the Da River hydroelectric dam reservoin.

'At Blackstone we aim to set an example on how to build a green nickel mining business for the future demand coming from the rapid growth in nickel-rich cathode materials required to power the electric vehicle revolution' - Blackstone