THOUGHTS -What do other miner's dish out for Nickel Plants ? Dec 31, 2021 — Changsha-based CNGR plans to produce 30,000 mt of nickel matte per annum, in a $243 million smelting project in Tsingshan's IMIP site. Apr 4, 2023 — A 50Kt Ni/a high-pressure acid leach (HPAL) plant was to be built in Indonesia for US$700M Nickel Creek's ? $ 1.7 billion - $ 2.3 billion for concentrate plant - cheapest end product.
no matte. Which begs the question... Are certain nickel project assessed with matte plant costs but only concentrate
revenues ?
Nickel Creeks IRR = 5.8%
Canada Nickel - 17%
Nickel Creek's ( pre / post ) tax nvp is listed under power ( energy costs ? )
The higher ( pre / post ) = Higher nvp
They configured - lower the energy = higher the saving
Example
$0.09 cents KWh = $ 543 million after tax
https://ceo.ca/@newswire/nickel-creek-platinum-announces-positive-pfs-for-its Just West of Wellgreen is a much larger river How much could a miner save running ( hhydrogen -----> electricity plant ? )
If Wellgreens pre / post nvp base case chosen was,
$0.194 cents This is
running diesel generators to produce electricity. Makes one wonder if diesel for all the trucks were thrown in...lol
So we can't really use the $0.194 cent figure.
We need to compare with
Yukon's Electrical rates
vs hydrogen to elec gen.
2024 KWh rates in Burwash ?
=
$0.1282 cents https://www.atcoelectricyukon.com/en-ca/customer-billing-rates/bill-calculator.html What would 30% savings translate to using ( hydrogen / elec river generator ?
= $0.09 cents What does the PFS say if energy was $0.9 cents KWh ?
NVP =
$ 543 million after tax Interesting.
New hydrogen-based electricity generator beats alternatives
(CHP) system cuts the energy bill by
30% Obviously home unit - but you get the idea.
They factor - production of heat + electricity
Ahhh dual energy.
Could traslate to even better energy savings for mine plant.
https://mission-innovation.net/our-work/mission-innovation-breakthroughs/new-hydrogen-based-electricity-generator-beats-alternatives/ Imagine if the engineer thought of this option ? Especially given Wellgreen's location.
Hmmmm
Wellgreen 2012 peridotite nickel assay =
0.40% Sulphides were far higher.
Peridotites were grouped into 3 geo domains as ( all same )
Junior's Mngt/Geo crew took the liberty to pull a figure out of the air and
decided to reduce the grade by 0.10%
0.40 %
- 0.10 % solid solution deduction
= 0.30 %
Wellgreen is graded @ 0.26% Ni
0.04% somewhere in the mix - is also deducted
= 0.26% Ni
Now factor in,
The strignant sulphide extraction that can't quite handle specific ores ( lol )
And the what if... fine grind was employed ?
3 CRITICAL FACTORS = AFFECT NVP - was the cost for plant really for concentrates or.... matte ?
( if matte why not matte end product profits ? )
- energy ( why diesel and not river hydrogen )
- extraction ( need i elaborate ) nitric anyone ?
What about a 4th ? Running Road trains - more tonnage shipped per truck.
What about a 5th, 6th, 7th, 8th, 9th ? Deep intercepts more tonnage - esp UG mine
Exotics
Pull PGM's completely out
Iron credit
Magnesium credit
What would be the NVP then ? Hello.