NIC 1.20% 84.0¢ nickel industries limited

NIC - General discussion, page-759

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    This is a reply to a column in Mining.com calling for the 'bifurcation' of the nickel market into 'dirty' and 'clean' with premium paid for 'clean':

    JACK DAVIS

    February 20, 2024 at 1:29 pm

    Is the assumption that Indonesian nickel production is dirtier than Australian correct? A full energy/emissions audit could well surprise us. Nickel pig iron produced in Indonesia employs local people with a small carbon footprint who don’t need to be flown home often. The npi production is closely integrated with stainless steel production minimising energy input – the npi doesn’t have to be heated twice.
    An HPAL nickel and cobalt extraction plant is currently being built in Indonesia, to be majority owned by the Australian company Nickel Industries. It will have a dedicated 200MW solar power array and will recover heat from the process, giving it an extremely low carbon footprint.
    One reason why Indonesian nickel is cheaper is that the plants are modern, innovative, and efficient. That is at the root of Australia’s nickel woes.
    Efficiency usually means less emissions.

 
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