SGQ 0.00% 2.5¢ st george mining limited

This has been mentioned before - there is misinformation...

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  1. 386 Posts.
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    This has been mentioned before - there is misinformation regarding laterites and their place in grade 1 nickel and cobalt supply.
    Some laterites only produce the lower grade ore but there are some laterite projects which are very advanced and will include the downstream processing which will supply the Nickel Sulphate and Cobalt Sulphate directly to the battery manufacturers specifications.

    There is room for everyone and this supply will be met by both sulphide and laterite projects

    Sulphides are higher grade and lower capex projects but require additional downstream processing to convert the sulphides to sulphates
    Laterites are lower grade and higher capex but do supply the end product the battery manufacturers want (As NiSO4 and CoS04)
    The benefit that the laterites have is they have so much Cobalt that circa 40% of their revenue comes from Cobalt

    Much has been said of the EV revolution - this is only going to grow - and most substantially as we head toward 2030
    Plenty of time for St George to be right in the thick of it in years to come

    And the DRC is running into all sorts of problems with Katanga having Uranium contamination preventing it's export

    We live in interesting times - and all Nickel Cobalt companies (sulphide and laterite) that prove to have economical deposits will benefit immensely

    Cheers and GLTAH
    IO


 
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