AUZ 12.5% 0.7¢ australian mines limited

Could someone kindly explain how laterite ore is processed? I...

  1. 13 Posts.
    Could someone kindly explain how laterite ore is processed?

    I looked up it on wiki, and I can understand the leaching part, which is essential treating laterite with acid to solve the metal content in laterite ore, thus the term"leaching". This produces a solvent containing the metal and is later neutralised with limestone to produce nickel/cobalt intermediate, which goes into smelters for further refining. Is this smelter facility actually on-site of a mine or it's somewhere else?

    so what are the typical products made at a nickel/cobalt mine?

    It is nickel/cobalt sulphate or concentrated ore with nickel/cobalt mixed together?


    I saw some nickel/cobalt crystals in AUZ's presentation. Is that what we are selling in the end?
    Last edited by Lizeng5: 16/11/17
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
-0.001(12.5%)
Mkt cap ! $9.79M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $5.35K 705.9K

Buyers (Bids)

No. Vol. Price($)
41 9663473 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 412027 5
View Market Depth
Last trade - 15.51pm 26/06/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.