The Asia Miner

OCT-DEC 2018

The ASIA Miner - Reporting Important Issues to Mining Companies in the Asia Pacific Region

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the asia miner • volume 15 • issue 4 27 FEATURE: Nickel Nickel ore output fell 10 per cent in the first half of 2018 from a year earlier to 9.43 million dry metric tons, government data showed. Eleven of the nickel mines had zero output during the period because their operaঞons were suspended or they were under maintenance status. According to reports, the new rules sঞpulate that a 20-metre buffer zone is established inward from the mining tenement boundary near rivers and streams, where metals extracঞon will be banned. Nickel miners will be limited to a producঞon area ranging from 50 to 100 hectares at any one ঞme, depending on the size of producঞon and whether they have a processing plant. The government order will allow mines producing up to 1 million tonnes of nickel ore a year to work on 50 hectares at any one ঞme. Those producing more can work on 60 hectares up to 100 hectares, while projects with a processing plant will be allowed up to 162 hectares. Mining companies are required to progressively rehabilitate the same amount of land that was disturbed by mining operaঞons. EUROPE Germany's BASF and Russian miner Norilsk Nickel (Nornickel) have struck a nickel and cobalt supply deal to meet growing demand for EV baeries. Underpinned by a new BASF cathode plant in Finland, the agreement could provide fresh impetus to European efforts to create baery cell manufacturing capacity in a market dominated by Chinese and Korean producers. Chemicals giant BASF will build a plant to produce cathode materials for baeries in Harjavalta, Finland, adjacent to a nickel and cobalt refinery owned by Nornickel, the world's second-largest nickel miner and a major cobalt producer. This investment is part of BASF's €400 million mulঞ-step investment plan announced last year and builds upon iniঞal baery materials producঞon started in Harjavalta in 2018. Start-up is planned for late 2020, enabling the supply of approximately 300,000 full electric vehicles per year with BASF baery materials. "With the investment in Harjavalta, BASF will be present in all major regions with local producঞon and increased customer proximity further supporঞng the rapidly growing electric vehicle market," said Kenneth Lane, President, BASF's Catalysts division. "Combined with our Nornickel cooperaঞon, we are creaঞng a strong plaorm that connects the efforts between industry leaders in raw material supply and baery materials technology and producঞon." Sergey Batekhin, Senior Vice President, Sales, Procurement and Innovaঞon at Nornickel said, "We believe that electric vehicles have significant potenঞal to transform the global nickel industry." CHINA 1,094,00 EUROPEAN UNION 323,000 UNITED STATES 146,000 JAPAN 148,000 Key nickel consumer markets (in tonnes) World mined nickel producon, monthly. Source: Internaonal Nickel Study Group (2018); Department of Industry, Innovaon and Science (2018). Licensed from the Commonwealth of Australia under a Creave Commons Aribuon 3.0 Australia Licence

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