PM1 0.00% 1.4¢ pure minerals limited

Indeed. This is the only way. The extra circa 0.8-1% Nickel and...

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  1. 377 Posts.
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    Indeed. This is the only way. The extra circa 0.8-1% Nickel and 0.5-0.8% Co makes a big big difference to the bottom line

    The history of importing ore at Yabulu is pretty interesting

    From 1989-2016 imported ore from NC
    from 1995 on wards all ore feed was imported

    During that time it 
    - floated on stock exchange 1992 
    - Was bought out by Billiton (later merged with BHP) in 1997

    All this with dinosaur Caron Process tech and no further refinement into sulphates

    Theres a long history of importing ore in Townsville. Lots of value here at circa $5m MC


    https://www.qni.com.au/about-qn/our-history/
    1974Yabulu Nickel Refinery completed and commissioned
    11986First test shipments of imported ore arrived at Yabulu from Indonesia and New Caledonia
    21988First regular shipments of Indonesian ore arrive
    31989First regular shipments of New Caledonian ore arrive
    41989The Palmer Nickel and Cobalt Refinery’s internationally patented ammoniac AL solvent extraction technology is introduced to the refining process to significantly improve the separation of nickel and cobalt
    51992QNI Limited incorporated on 30 April 1992 and then listed on the Australian Stock Exchange on 24 September 1992
    61992Mining at Greenvale ceases
    71993Last ore railment from Greenvale to Yabulu
    81993Mining at Brolga commences
    91995QNI Limited acquires 100 percent ownership of the assets of the QNI Group
    101995Mining at Brolga ceases
    111995All ore feed for the Refinery imported from overseas
    121996The cobalt plant is built at the Palmer Nickel and Cobalt Refinery
    131996The imported ore handling system is built at Port of Townsville
    141997The Refinery is purchased by South African owned Billiton
    152001BHP and Billiton merge. The Refinery becomes a wholly owned BHP Billiton asset
    162007The Yabulu Expansion Project is completed. The completion of the expansion sees Yabulu processing ore from BHP Billiton’s Ravensthorpe mine in Western Australia
    172009Following an Options Study, Mr Clive Palmer purchases Queensland Nickel Pty Ltd and the Refinery
    182016Palmer Nickel and Cobalt Refinery enters care and maintenance
 
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