AUZ 0.00% 0.9¢ australian mines limited

Strip ratios mean little to nickel laterite deposits, they are...

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    Strip ratios mean little to nickel laterite deposits, they are all close to surface as they are all weathered rock that has been oxidised. Mining costs represent around 10% of total costs in a typical laterite operation.

    Do some research on what drives the processing costs (>70%) of the deposits - high energy and high acid consumption. The metallurgy of the deposit is important as it will drive things like sulfuric acid consumption and will determine things like recoveries % and purity of the end product - which given the battery industry is the end game is of importance there are no impurities.
 
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