- Write by:
-
Tuesday, April 2, 2019 - 11:15:17 AM
-
869 Visit
-
Print
Mining News Pro - Independence Group (IGO) has advanced its pre-feasibility study on its downstream nickel-cobalt extraction process, which involves hydrometallurgy of nickel sulphide concentrate in lieu of conventional smelting and refining methods.
According to Mining News Pro - IGO’s four-stage process would unlock higher prices than traditionally received from raw nickel-cobalt sulphide concentrate offtake agreements and directly link IGO to the energy storage supply chain.
The process is designed to optimise nickel sulphate production directly from concentrate without the need to first produce intermediary or refined nickel products.
It has resulted in extraction rates exceeding 97 per cent for both nickel and cobalt metal contained in the nickel-cobalt sulphide concentrate feed. This is sourced from IGO’s Nova nickel-copper-cobalt project in the Fraser Range in Western Australia.
“IGO has embraced this transformation to strategically focus on nickel and other metals critical to clean energy, with an interest in both upstream and downstream opportunities,” said IGO managing director Peter Bradford.
“Upstream, we have expanded our generative and greenfields exploration to drive the discovery of new nickel and copper projects – to provide the nickel and copper the world needs.”
The extraction process is intended to allow IGO capitalise on the need for nickel sulphate in high-density, rechargeable lithium-ion batteries for the growing electric vehicle (EV) and energy storage markets.
A scoping study by IGO last year suggested the cobalt extraction process was not only financially feasible, but could maximise recovery rates and be more environmentally sustainable than traditional methods as well.
Short Link:
https://www.miningnews.ir/En/News/352680
The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply ...
French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its ...
Copper jumped to its highest intraday price since January 2023 as the bellwether industrial metal faces rising tighter ...
A US and European Union push to reach an accord on fostering critical mineral supply chains is set to miss another ...
Indonesia’s mining minister on Wednesday said divestment of Vale Canada Ltd and Sumitomo Metal Mining Co. Ltd’s shares ...
Battery metal prices are on the floor, and massive expansions by Chinese miners have been instrumental in driving them ...
Indonesian state-controlled miner Aneka Tambang (Antam) aims to launch the construction of two nickel processing ...
Ivanhoe Electric (NYSE American: IE) (TSX: IE) terest in the Samapleu-Grata nickel-copper project in Côte d’Ivoire after ...
Australia will provide up to A$840 million ($550 million) for the first combined rare earths mine and refinery in the ...
No comments have been posted yet ...