#SMM: #China #Nickel Industry Chain Annual Report 2021-2025

In March 2021, the nickel and stainless steel futures contracts’ hitting the limit down and Tsingshan Group’s announcement of the completion of the conversion from high-grade NPI to high-grade nickel matte caused a sensation in the market. There were intensive discussions in the market about the process of converting high-grade NPI to high-grade nickel matte and its cost efficiency. SMM has taken a deep dive into the inducement and future development of the transformation project in terms of the technological feasibility, the cost efficiency of raw materials, the pricing power of the nickel industry chain, as well as the industry strategy.

• Cost efficiency

SMM data showed that the full cost of high-grade NPI in the PT Indonesia Morowali Industrial Park was about $9,000/mt (Ni content), based on the benchmark prices of Ni1.8% nickel ore in the Indonesian market in February 2021, which stood at $41/wmt FOB. The cost of converting NPI into high-grade nickel matte was at least $1,000/mt (Ni content), and the cost of producing nickel sulphate from high-grade nickel matte was about $4,000/mt (Ni content). The market prices of nickel sulphate stood at 38,000 yuan/mt in March 2021, while the cost of producing nickel sulphate using this new process was 22,600 yuan/mt, making it profitable to shift to the new process of NPI-nickel sulphate at present.

Read more at: [Spoiler] China Nickel Industry Chain Annual Report 2021-2025_SMM | Shanghai Non ferrous Metals

#Reuters: #UnitedStates adds #Nickel, #Zinc to critical minerals list

Nickel and zinc are now deemed critical minerals by the United States.

The top three suppliers last year were Canada (42%), Norway (10%) and Finland (9%) – all deemed “friendly” countries.

This relatively benign supply profile kept nickel off the critical minerals list in the past.

This limited domestic nickel production base was also highlighted in the Biden Administration’s 100-day review of critical supply chains, which recommended the government should invest as a priority in a new nickel refinery.

Read more at: Column: United States adds nickel, zinc to critical minerals list: Andy Home | Reuters

#Ontario, #Canada: a leader in life-saving isotopes

Ontario’s nuclear power plants and robust nuclear supply chain play in production of isotopes used for a variety of critical functions, including:

  • Treatment of cancer and other diseases
  • Sterilization of medical devices
  • Medical imaging
  • New drug development
  • Food preservation

About half of the world’s Cobalt-60 (Co-60) comes from Ontario nuclear plants. The isotope has been critical during the COVID-19 pandemic for a variety of uses, including sterilization of gloves and testing swabs.

Both Pickering and Darlington nuclear generating stations play a role in ensuring a steady supply of an array of life-saving isotopes. Co-60 is currently produced at Pickering and, after modifications as part of Darlington’s refurbishment, will be produced there. As well, OPG subsidiary Laurentis Energy Partners plans to produce and extract both Molybdenum-99 (Moly-99) and Helium-3 (H-3) at Darlington.

Read more at: Ontario a leader in life-saving isotopes (yahoo.com)

#Reuters: #China’s nonferrous group suggests commercial reserves for #Cobalt, #Nickel

China should improve its capability to secure nickel and cobalt resources and set up commercial reserves for the metals, the Shanghai Securities News (SSN) reported on Thursday, citing an official with the China Nonferrous Metals Industry Association.

The world’s top metals consumer still heavily relies on imported resources of the metals.

China’s domestic nickel and cobalt production only accounts for 5% and 2%, respectively, of its total consumption, SSN quoted Wang Jian, the vice chairman of the association, at an industry conference this week.

Read more at: China’s nonferrous group suggests commercial reserves for cobalt, nickel – media | Reuters

#Australian engineers patent #Graphite/#Aluminum thermal block to store renewable energy

NEWCASTLE, Australia, Oct 27 (Reuters) – A team of engineers at Australia’s University of Newcastle has patented a material designed to store thermal energy in the form of a block, which its inventors hope can be used to ease the transition away from coal-fired power.

Known as Miscibility Gaps Alloy (MGA), the bricks, made from aluminium and graphite, store energy generated from renewable sources, with the research predicting they can last about 30 years without any change in reliability.

Read more at: Australian engineers patent thermal block to store renewable energy | Reuters

#Bloomberg: #Canada Emerges as Cornerstone of North American Battery Supply Chain

Canada is re-positioning itself to take advantage of the growing electric vehicle supply chain, after years of overlooking the battery industry.

Despite the promising foundations for Canada to be a cornerstone of the North American battery supply chain, until recently it had appeared that there was a lack of support at the government/policy level to attract the industry. This is no longer the case, in just the last two weeks two cell manufacturers have been enticed to set up shop in Canada, with plans to build gigawatt-hour scale cell manufacturing facilities in the country.

Britishvolt, a UK-headquartered cell manufacturing startup, plans to build a 60GWh plant in Quebec. While Stromvolt, a Canadian headquartered startup, is planning a 10GWh plant in Ontario. Combined with announcements south of the boarder, North America has plans for over 400GWh of capacity to be built this decade. This is still short of the 508GWh annual demand the region will have by 2030, so expect more announcements to come.

Read more at: Canada Poised to Become Battery Leader in North America – Bloomberg

Race to produce high-#Nickel batteries accelerates

The Korea Economic Daily:

BMW and GM scheduled to roll out EVs equipped with high-nickel Korean batteries at end-2021.

South Korea’s top three electric vehicle battery makers — LG Energy Solution Ltd., SK On and Samsung SDI Co. — are gearing up for full-scale production of next-generation batteries high in nickel content, which analysts say would widen their lead over Chinese rivals.

Global vehicle makers, including BMW AG and General Motors Co., are scheduled to roll out new EVs equipped with high-nickel batteries made by Samsung SDI and LG Energy, respectively, at the end of this year.

SK On’s next-generation battery NCM9, composed of lithium, nickel, cobalt and manganese with 90% nickel content, will be used in Ford Motor Co.’s EV pickup set for launch in the spring of 2022. The new EVs running on Korean batteries will likely shore up the battery manufacturers’ bottom lines in the coming years.

A battery cell with a nickel content of more than 80% is classified as a high-nickel battery, offering longer mileage and shorter charging time than existing batteries.

Read more at: Race to produce high-nickel batteries accelerates – The Korea Economic Daily Global Edition (kedglobal.com)

Can Nuclear Fusion Put the Brakes on Climate Change?

As per Dennis Whyte, a native of Saskatchewan, Canada and the director of the Plasma Science and Fusion Center, at M.I.T., the field of nuclear fusion, as a whole, was still moving forward, but agonizingly slowly..

The accelerating climate crisis makes fusion’s elusiveness more than cutely maddening. Solar energy gets more efficient and affordable each year, but it’s not continuously available, and it still relies on gas power plants for distribution. The same is true for wind power. Conventional nuclear power has extremely well-known disadvantages. Carbon capture, which is like a toothbrush for the sky, is compelling, but after you capture a teraton or two of carbon there’s nowhere to put it. All these tools figure extensively in decarbonization plans laid out by groups like the Intergovernmental Panel on Climate Change, but, according to those plans, even when combined with one another the tools are insufficient. Fusion remains the great clean-energy dream—or, depending on whom you ask, pipe dream.

Fusion, theoretically, has no scarcity issues; our planet has enough of fusion’s primary fuels, heavy hydrogen and lithium, which are found in seawater, to last thirty million years. Fusion requires no major advances in batteries, it would be available on demand, it wouldn’t cause the next Fukushima, and it wouldn’t be too pricey—if only we could figure out all the “details.”

The details are tremendously complex, and the people who work to figure them out have for years been dealing with their own scarcities—scarcities of funding and scarcities of faith. Fusion, as of now, has no place in the Green New Deal.

Read more at: Can Nuclear Fusion Put the Brakes on Climate Change? | The New Yorker

#BHP – #Kwinana produces first nickel sulphate using nickel powder as raw material

The Kwinana plant, south of Perth, has produced its first nickel sulphate crystals, mining major BHP announced on Friday, stating that it was an “Australian first”.

The plant would produce 100 000 t/y of nickel sulphate, enough premium product to make 700 000 electric vehicle batteries each year

Nickel from BHP’s mines is processed at the Kalgoorlie nickel smelter, before it is transported to the Kwinana nickel refinery and refined into nickel metal (in the form of powder or briquettes). Nickel powder is then processed through the new sulphate plant to make nickel sulphate. The nickel sulphate will be exported to global battery markets from the Port of Fremantle. 

Read more at: Kwinana produces first nickel sulphate – BHP (miningweekly.com)

#US Needs 10X More #RareEarth Metals To Hit #Biden’s Electric Vehicle Goals

The United States needs ten times the amount of rare earth metals it currently has to meet President Biden’s ambitious 2030 EV goals, according to one CEO in the business. And it needs 20 to 25 times more to meet the burgeoning needs of the green economy — and the military — as we increase investment in wind power, electric vehicles, and even cell phones to the year 2050.

To meet even part of that goal with domestic supply of rare earths seems almost impossible. And foreign sources are increasingly problematic.

The U.S. doesn’t necessarily need to cover 100% of its own needs for rare earth metals, Althaus says, even if that might be nice.

Even 50-60% would help ensure that the global supply is not weaponized by China — which did cut off supply to Japan for 40 days in 2010 in an international spat over territorial waters.

Today, even China is a net importer of rare earths: part of the reason for the countries expansive Belt and Road initiative.

Read more at: US Needs 10X More Rare Earth Metals To Hit Biden’s Electric Vehicle Goals (forbes.com)

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