SGQ 0.00% 2.5¢ st george mining limited

Ann: More Outstanding Nickel-Copper Sulphide Targets, page-29

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  1. 867 Posts.
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    Not so fast Mr pockets .

    Laterite provides the bulk - and is main requirement into stainless steel , this where laterite ( nickel pig iron ) is in high demand .
    And is the main story + Driver for nickel pig iron .
    Demand will continue for laterite ore - this is not new news .

    *What we are seeing , and will likely see - will be recognition that there are~
    2 separate Nickel commodity markets . **

    Nickel sulphides are very much the preferred , and St.George Mines will possess high grade nickel sulphides , (with allied Cu, Cobalt , platinum metal , as well as Gold !)
    *** BHP will be wanting Mt Alexander nickel for their nickel refinery in Perth , Kwinana ?
    *note - this used to be their tenement land .

    WA is angling also to be a hub producer of top quality batteries, battery factory installations . West Australia - being fully able to provide all of the key battery , high performance metals clearly into the future .

    All of this is well - known and understood

    SS demand , also the need and demand for steel alloying - as well as ‘steel ‘ which will have so much nickel percentage within it that is and will be verging on being stainless steel .

    The big story for us , here , is the greater requirement for Ni , high grade Nickel as St George will produce - for higher percentage nickel in batteries and applications .
    Forecast and occurring already - with a lessening off of present higher Cobalt requirement in batteries . (Due to high costs of Cobalt , and limited future ethical availability )

    At the moment , high grade - High Purity Nickel Sulphide is not easily , nor economically near to being available -or able to be (yet) synthesised from pig iron . (HPAL)

    Is -Chalk and cheese anyway .

    Laterite is a bulk demand ore - saprolite from leached lateritic ore deposits in highly tropical mountainous areas - notably Indonesia , Myanmar , The Philippines, New Caledonia , and hoped for Solomon Islands story .

    All the best .
    Last edited by Aqua65: 02/02/19
 
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