https://www.engineeringnews.co.za

FPX Nickel's shares shoot up on nickel recoveries announcement

8th January 2020

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

Successful leach testing of high-grade nickel concentrates from Vancouver-based explorer FPX Nickel’s Decar nickel district, near Fort St James, British Columbia, has confirmed nickel recoveries up to 99.5% in producing a high-concentration nickel/cobalt chemical solution suitable for the electric vehicle (EV) battery supply chain.

The results of this test programme position Decar as a potentially significant supplier of nickel for the stainless steel and the EV battery markets, the company indicated in a statement on Tuesday, sending its stock up 25% to C$0.17 apiece.

FPX said the testing results established Decar awaruite nickel concentrate as a "good feedstock with potential advantages over sulphide and laterite feedstocks" in the ultimate production of nickel sulphate and cobalt sulphate for the EV battery market

Moreover, this hd  confirmed the amenability of Decar nickel concentrate to conventional pressure leaching at moderate pressure and temperature, achieving nickel recoveries of 98.8% to 99.5% in the production of high-purity chemical solution containing 69.4 to 70.1 g/L nickel.

FPX president and CEO Martin Turenne said that in comparison with nickel sulphide concentrates, the direct dissolution of Decar concentrate could eliminate the need for smelting prior to downstream processing to produce nickel sulphate.

Rapid nickel extraction (over 98% extraction in under 60 minutes) was achieved under mild pressure leaching conditions with considerably lower sizing, power consumption, pressure and temperature requirements than typical high-pressure acid leach (HPAL) operations.

Turenne indicated that the high-grade Decar concentrate feedstock conceptually entailed a smaller operational footprint and considerately lower pressure and temperature requirements than HPAL operations used in laterite operations.

“This testing confirms the potential for the production of nickel sulphate and cobalt sulphate from awaruite ore in a simple three-stage process encompassing ore beneficiation, pressure leaching, and solvent extraction. This three-stage processing route has the potential to be more efficient than the typical five-stage processes required to convert sulphide and laterite ores into nickel sulphate…”

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Vikela Aluvin (Pty) Ltd
Vikela Aluvin (Pty) Ltd

Complete range of security sealing solutions including security seals bags and labels.

VISIT SHOWROOM 
Sulzer Pumps (SA) (Pty) Ltd
Sulzer Pumps (SA) (Pty) Ltd

Sulzer South Africa, established in 1922, partners with critical industries like power, oil & gas, water, mining, and chemicals to boost...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.048 0.951s - 140pq - 2rq
Subscribe Now