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Availability of primary nickel in market-economy countries: a minerals availability appraisal.

Bleiwas DI

Denver, CO: U.S. Department of the Interior, Bureau of Mines, IC 9276, 1991 Jan; :1-52

10008486

The U.S. Bureau of Mines has evaluated the potential availability of nickel from 36 deposits or districts in 16 market-economy countries, analyzing more than 95 pct of production in those countries. This study indicates the quantity of nickel available on the basis of net rpoduction costs and total costs with a 0-pct and a 10-pct discounted cash flow rate of return (DCFROR). Costs of production are expressed in dollars per pound of recovered nickel. The study also indicates sensitivities of the cost of production to energy, labor, and other factors. The studied deposits and properties contain approximately 33 mmt of recoverable nickel. About 26 mmt of nickel is potentially recoverable from laterite deposits, of which 4.5 Mmt can be produced at $2.50/Lb or less with a 0-pct DCFROR. Approximately 7 mmt of nickel is potentially recoverable from sulfide deposits, of which about 6.3 Mmt could be produced at $2.50/Lb or less at a 0-pct DCFROR. The price of nickel averaged above $6/lb in 1988. Sensitivity studies performed for both laterite and sulfide deposits indicate that the total cost of producing nickel from laterites is most sensitive to increases in energy costs and that the total cost of producing nickel from sulfide deposits is most sensitive to increases in labor costs; sulfides are also affected by changes in revenues from byproducts.

Mineral-resources; Strategic-materials; Availability; Production; Laterites; Sulfides; Mineral-economics; Nickel

19910101

IH; Information Circular

1991

PB91-200519

A04

IC-9276

MAFO

Denver, CO: U.S. Department of the Interior, Bureau of Mines, IC 9276

CO