BRAZILIAN NICKEL - If you think Indonesian nickel is a wrench then how about
Brazil's nickel projects ?
Brazil currently hosts four nickel projects that are being developed by three companies,
according to Ibram.
UK-based Horizonte Minerals has two projects. The largest is the US$500mn Araguaia project to expand production in Conceio do Araguaia, in Par state. The other is the Vermelho nickel-cobalt project, also in Par, with a planned capex of US$11.4mn.
Local company Atlantic Nickel is developing the Santa Rita open-pit mine in Bahia state, where US$355mn is due to be invested.
The fourth project is being developed by Piau Nquel Metais, part of the Brazilian Nickel group, with plans to invest US$195mn in a project in Piau state.
https://www.bnamericas.com/en/analysis/spotlight-brazils-us1bn-nickel-project-portfolio
UK has 2 of these projects ?
While Canada and Australia suffer ?
Top it off ?
These UK owned mines include other minerals in, economics !!!
- Iron ( separate credit )
- Magnesium
- Aluminum
- Chromium
- Silicon Oxide
- 2 kinds of nickel ore ( Saprolite silicate nickel ) ( Limonite iron nickel )
https://horizonteminerals.com/uk/en/araguaia_project/
https://horizonteminerals.com/uk/en/vermelho_project/
Wellgreen Deposit hosts...
- Iron - no separate Iron credit
- Magnesium - no MgO credit
- Aluminum - no Aluminum credit
- Chromium - no chromium credit / titanium
- Silicon Oxide - treated as waste with mine tonnage cost !!!
- 2 nickel ores ( sulphide + solid solution ) and... maybe an oxide
- Exotics - not factored
- ug mine - open pit skirts around
Indo + Brazil
nickel projects seeing unfair vantages ?
Why is England and UK building out Africa + South America ( Brazil )
versus building out Canadian projects ?
US wanting to create their own battery metals price exchange ?
No thank you.
I'd prefer Canada create their own BM price exchange with TSX controlling
our own mineral resources and dropping stakeholder format.
US has shown where their main focus is, Taiwon, S Korea
Just ask... has any mining infastructure been built in North America ? lol
Just look at the iron industry battle being played out.
Key iron plants - gone.
Ukraine, Russia, Africa, USA, China